Tech Company M&A Transactions
Upserve Acquisition
Operating out of Providence, Upserve was acquired by LightSpeed POS. The transaction price was $430 million.
Transaction Overview
Company Name
Acquired By
Announced On
12/3/2020
Transaction Type
M&A
Amount
$430,000,000
M&A Terms
Lightspeed acquired Upserve for estimated total consideration of $430 million, consisting of approximately $123 million in net cash and up to 5,895,365 subordinate voting shares in the capital of Lightspeed, subject to customary post-closing adjustments.
Company Information
Company Status
Acquired or Merged
Industry
ECommerce
Mailing Address
10 Dorrance St.
Providence, RI 02903
USA
Providence, RI 02903
USA
Phone
Website
Email Address
Overview
Upserve is the magic ingredient that helps restaurateurs thrive, putting everything they need in one place. In a single platform, Upserve offers the market-leading cloud point of sale for restaurants, Breadcrumb POS by Upserve; actionable analytics through Upserve HQ; transparent processing with Upserve Payments.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sheryl Hoskins
Chief Financial Officer
Anne Huemme
Chief Marketing Officer
Andrea Kayal
VP - Engineering
Bright Fulton
VP - Human Resources
Tammy Polk
VP - Product Management
David Hoffman
VP - Sales
Kyle Johnson
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Our team works diligently to report on every notable VC transaction. All VC database entries reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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