PERSBERICHT AANLEVEREN
Volg ons op twitter
2501 volgen @ICTberichten
IT BEDRIJVEN
IT PR-BUREAUS
ZOEKEN
Inloggen
Deel dit nu
Datum:
vrijdag 6 nov 2020 10:33
(80 dagen geleden)
Bedrijf:
Lightspeed
PR:
Marcommit
Lightspeed to Acquire ShopKeep to Accelerate Digital Transformation of SMBs Across the United States
Landmark deal by global, cloud commerce leader grows Lightspeed's U.S. footprint by more than 20,000 customer locations following listing on the New York Stock Exchange
MONTREAL, Nov. 6, 2020 /CNW Telbec/ -
Lightspeed POS
Inc
. (NYSE: LSPD) (TSX: LSPD), a leading provider of cloud-based, omnichannel commerce platforms, today announced it has entered into a definitive agreement to acquire
ShopKeep
Inc
. (ShopKeep), a leading cloud commerce platform provider based in New York City. This acquisition reinforces Lightspeed's status as a clear category leader for complex retailers and restaurateurs seeking to modernize their operations as the global economy undergoes unprecedented digital acceleration.
COVID-19 is forcing independent businesses to urgently replace legacy point-of-sale systems in order to remain operational and safely adapt to evolving consumer behaviors. The scale achieved by the combination of Lightspeed and ShopKeep presents retail and restaurant business owners in the United States with enhanced resources to pivot their operations. Lightspeed's analytics, loyalty, eCommerce, and payments modules, in addition to its multi-location solution, will offer ShopKeep's customer base the opportunity to enhance their capabilities.
The acquisition immediately expands Lightspeed's U.S. market share, allowing for increased investment in sales, marketing, and research and development to capitalize on the increasing demand for modern, cloud-based, omnichannel commerce solutions. Following the closing of the acquisition, Lightspeed will serve over 100,000 customer locations
1
worldwide, generating approximately $33 billion USD in gross transaction volume
2
(GTV).
"ShopKeep's commitment to enabling independent businesses to dream big and rise above industry and economic challenges is deeply aligned with our own mission to power the future of commerce," said Dax Dasilva, Founder and CEO of Lightspeed. "This acquisition will bring ShopKeep merchants, small and medium-sized businesses that make up the backbone of the U.S economy, into the Lightspeed family, providing them even more crucial product innovation and world-class support as they drive the reinvention of American commerce."
The acquisition will generate strong expected synergies resulting from increased GTV, the ability to leverage integrated go-to-market resources and a combined payments opportunity. Once closed, Lightspeed's acquisition of ShopKeep will follow the successful integration of multiple premier platforms that experienced accelerated growth following their acquisitions by Lightspeed, including that of Montréal-based Chronogolf, Sydney-based Kounta and Berlin-based Gastrofix.
"We believe uniting with Lightspeed highlights and amplifies our shared vision to deliver industry leading commerce enablement for small and medium-sized businesses," said Michael DeSimone, CEO of ShopKeep. "Our partnership sets the stage to help business owners navigate through challenging times, keep pace with rapid change and adapt quickly to meet the rising demands of today's customers."
Details of transaction:
ShopKeep generated revenue of approximately $50 million
3
and GTV of approximately $7 billion in the trailing twelve month period ending September 2020. Lightspeed will acquire ShopKeep for a total estimated consideration of approximately $440 million, satisfied by way of payment on closing of $145.2 million in cash and the issuance of 9,500,000 subordinate voting shares in the capital of Lightspeed, subject to the adjustment mechanisms outlined in footnote 4 below.
4
The deal, which is subject to customary closing conditions and post-closing working capital adjustment, is expected to close before the end of the company's quarter ending December 31, 2020.
Additional details regarding this transaction will be communicated during Lightspeed's Fiscal Second Quarter 2021 Financial Results Conference Call, which is scheduled for Thursday, November 5, 2020.
RBC Capital Markets acted as advisor to Lightspeed on the transaction.
About ShopKeep
ShopKeep's platform is used by more than 20,000 retailers and restaurant customer locations nationwide. ShopKeep enables business owners to start and grow their businesses by accepting any type of payment and providing essential features such as automatic inventory tracking, employee management and real time sales reporting.
About Lightspeed
Lightspeed (NYSE and TSX: LSPD) powers complex small and medium-sized businesses with its cloud-based, omnichannel commerce platforms in over 100 countries. With smart, scalable and dependable point of sale systems, Lightspeed provides all-in-one solutions that drive innovation and digital transformation within the retail, hospitality and golf industries. Its product suite enables SMBs to sell across channels, manage operations, engage with consumers, accept payments and ultimately grow their business.
Headquartered in Montreal, Canada, Lightspeed is trusted by favorite local businesses worldwide, where communities go to shop and dine. Lightspeed has staff located in Canada, USA, Europe, and Australia
Lightspeed
lightspeed@marcommit.nl
+31 (0)35 5822730
Lightspeed Nederland
www.lightspeedhq.nl
Meer informatie:
Marcommit
Mariëlle van Schaik
035 – 5822730
Marielle.vanschaik@marcommit.nl
Tags
Overname x 408
Digitale transformatie x 190
COVID-19 x 160
Lightspeed x 15
Kassasysteem x 11
ShopKeep x 1
Lightspeed POS x 1
Gerelateerde berichten
Partners VIVES en Infolearn verzorgen infectiepreventie e-learning voor 150.000 zorgprofessionals in opdracht van Vlaamse overheid
Cartridge & Toner gigant Alleeninkt.nl na overname van Inktprecies.nl in race voor marktleiderschap printer-land
Citrix kondigt overname Wrike aan
BOYS WITH BRAINS ZIET EXPLOSIEVE GROEI DOOR CORONA
MCS introduceert een Plug & Play IoT-oplossing ‘as a service’ beschikbaar voor elke organisatie
Aston Martin keert terug in Formule 1
Het perfecte plaatje: SRS integreert Payconiq QR-code-sticker betalen
Grootste landelijke aanbieder van kassasystemen heeft primeur met zelfstandig QR-code betalen
Lightspeed op de NYSE: Technologie van de toekomst
Lightspeed breidt eCommerce product uit met multi-channelmogelijkheden ter ondersteuning van de digitale transformatie van mkb-klanten
Laatste van Lightspeed
Lightspeed verbetert de contactloze ervaring voor restaurants met Order Ahead
Lightspeed to Acquire ShopKeep to Accelerate Digital Transformation of SMBs Across the United States
Lightspeed op de NYSE: Technologie van de toekomst
Vandaag gepubliceerd
Fraudehelpdesk: meer dan 41 miljoen aan fraude gemeld in 2020
TIE Kinetix benoemt nieuwe Managing Director TIE Kinetix France SAS
22 januari 2021 (3 dagen geleden)
Private sector verwacht de regie over AI-governance kwijt te raken aan overheid
Ivanti erkend als leider in de IDC MarketScape voor Worldwide UEM Software 2020-2021
Partners VIVES en Infolearn verzorgen infectiepreventie e-learning voor 150.000 zorgprofessionals in opdracht van Vlaamse overheid
Razer introduceert Naga X voor MMO-gamers
Archief per week
Terug naar home
Plaats persbericht
Geplaatst:
vrijdag 6 nov 2020 10:33
Verstreken tijd: 80 dagen
PR contact
Lightspeed contact
+31 (0) 20 820 23 91
info.nl@lightspeedhq.com
www.lightspeedhq.nl
Lightspeed sociaal
Lightspeed tweets
Spotlight
Philadelphia Zorg kiest voor roostersoftware Intus
Ontdek offertes die bijna zichzelf schrijven met behulp van kunstmatige intelligentie in de nieuwe update van Offorte.com
Social Selling met LinkedIn: “Stilletjes verkopen in een digitaal thuiswerktijdperk (en daarna)”
SoftApp adds a native to Teams PC Operator Console to her The Voice of O365 cloud offering.
Rene Matla, afkomstig van Air France-KLM, stapt over naar QuandaGo als Chief Product Officer
Heineken anonimiseert test data met DATPROF software
New Kid in Dutch Infor ERP/CloudSuite town
Fastbyte en Omnia Connect garanderen altijd online met strategische samenwerking
Leadgate Europe benoemt Jordi Lingen tot Managing Director
Xdroid toegejuicht door Frost & Sullivan voor zijn innovatieve Voice en Facial Analytics Solution Portfolio
Qualogy en TeamValue brengen technology stacks Java en Microsoft Azure samen
SecurityHive stelt NewChannel aan als value-add distributeur voor indirecte verkoop
QuandaGo benoemt voormalige Genesys executives in topmanagement
Op naar een rolstoelvrije toekomst: Salure helpt Project MARCH slim vooruit met data science
BOYS WITH BRAINS ZIET EXPLOSIEVE GROEI DOOR CORONA
Seamless integration of The Voice of O365 and CONTACTCENTER4ALL
Techone neemt Scaldis ICT & Telecom uit Venlo over
Unexus Contact Solutions verwelkomt de 50ste woningcorporatie!
Wat kan ik in mijn ERP-project meenemen uit de ervaringen van de bouw van een luchthaven?
Cryptshare en Spryng kondigen samenwerking aan
Hoe selecteer in mijn ERP-implementatiepartner? Kies ik voor een leverancier of een echte kennispartner?
MCS introduceert een Plug & Play IoT-oplossing ‘as a service’ beschikbaar voor elke organisatie
Directieteam DNA Services B.V. breidt uit
Techone verstevigt positie door overname hostingprovider myH2Oservers
PinkRoccade Hosting Services bouwt aan ijzersterk cybersecurityportfolio met Orange Cyberdefense
Slechts 47 procent beleidsmakers beschikt over voldoende informatie om cyberdreigingen tijdig te signaleren
Orange Cyberdefense lanceert zijn diepgaande analyse van de ‘state of threat’ in 2020 en deelt zijn visie voor 2021
Broad Horizon versterkt werkplek propositie met Pink Elephant Nederland
Ivanti erkend als leider in de IDC MarketScape voor Worldwide UEM Software 2020-2021
Myth Busted: 5 hardnekkige misverstanden over elektrisch rijden
Schneider Electric, Enel en het World Economic Forum publiceren het rapport 'Net Zero Carbon Cities: an Integrated approach'
Mammoet verhuist SAP-omgeving naar myBrand private cloud
Heuvelman Staalhandel klaar voor de toekomstmet low-code ERP-oplossing van Thinkwise
Dutch IT Channel Datacenter Project is gestart
NTT biedt Cyber Threat Sensor aan klanten na SolarWinds-aanval
Citrix kondigt overname Wrike aan
Ondanks zorgen rond security groeit het vertrouwen van IT-professionals in de public cloud
Clarity Benelux breidt team uit met twee nieuwe talenten
Veel verschillende IT-systemen veroorzaken hinder in zorgsector
GTT verbetert managed securitydiensten met Fortinet Security Fabric
Sitecore haalt investeringsplan van 1,2 miljard dollar binnen om groei te versnellen
Schneider Electric neemt DC Systems B.V. over om innovaties in elektrische distributie te bevorderen