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New Deal


Announced

Lightspeed to acquire Vend for $350m.

Financials

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Transaction Value£251m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales10.3x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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software solutions

Software

Acquisition

Majority

Pending

Cross Border

Friendly

Single Bidder

New Zealand

point of sale solutions

Private

Synopsis

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Lightspeed POS, a provider of cloud-based, omnichannel commerce platforms, agreed to acquire Vend, a cloud-based retail management software company, for $350m. "By joining forces, we will power the global transformation of retail and pour our unparalleled collective efforts into the success of our retailers at this pivotal moment in our industry. As a New Zealand-based company, we're proud to be globally recognized for the product and company we have built and are excited about this next step in our journey," Ana Wight, Vend CEO.

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