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Cantaloupe completed the acquisition of Three Square Market for $41m.

Synopsis

Cantaloupe, digital payments and software company, completed the acquisition of Three Square Market, a provider of micro-market solutions to vending operators, for $41m. “The acquisition of 32M, with its expansive portfolio of micro-market technology and broad geographic footprint, immediately accelerates two of our most important strategic growth priorities. 32M is already an integrated partner of our Seed Markets software platform, which will enable Cantaloupe to capture additional revenue synergies through cross-sell and upsell opportunities throughout our combined customer base. We are now well positioned as a best-in-class technology provider for the accelerating self-service commerce industry,” Ravi Venkatesan, Cantaloupe CEO.

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