Tech Company M&A Transactions
ShopKeep Acquisition
Headquartered in New York, ShopKeep was bought by LightSpeed POS. The parties disclosed the acquisition price to be $440 million.
Transaction Overview
Company Name
Acquired By
Announced On
11/5/2020
Transaction Type
M&A
Amount
$440,000,000
M&A Terms
Lightspeed will acquire ShopKeep for approximately $440 million, comprised of $145.2 million in cash and the issuance of 9.5 million subordinate voting shares in Lightspeed.
Company Information
Company Status
Acquired or Merged
Industry
ECommerce
Mailing Address
460 Park Ave. South 7th Floor
New York, NY 10016
USA
New York, NY 10016
USA
Phone
Website
Email Address
Overview
ShopKeep has developed a point-of-sale platform that retailers can use on the Apple iPad as well as with Mac-powered registers. The company also provides Web-based software, which can run in any browser, for inventory management and customer tracking. ShopKeep charges retailers fees to use its software.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael DeSimone
Chief Financial Officer
Edward Neumann
Chief Marketing Officer
Andrew Gorrin
Chief Technical Officer
Daniel Rolnick
VP - Operations
Crystal Caligiuri
VP - Product Management
Michael Sommers
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We document every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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