SiliconBeat

If you haven’t heard of VeriFone Holdings (ticker: PAY), you’ve probably used one of its ubiquitous payment devices when you swiped your credit card or ATM card at the local grocery store. The company recently announced that revenues had grown 57 percent in the third quarter.

That’s more icing for GTCR Golder Rauner, the Chicago-based investment firm that backed VeriFone and has had two partners serving as board members. The company went public in April 2005, bucking a lackluster IPO market. Since then, GTCR has sold $708.6 million worth of VeriFone stock, and still holds 9.7 million shares. That includes $127.4 million GTCR collected on Sept. 13 when it sold 3.3 million shares at $38.61 per share.

With GTCR’s holdings winding down, VeriFone announced last month that one of those GTCR board members was stepping down.