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
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
Upserve LinkedIn Company Profile
Social Media
Upserve Company Twitter Account
Company News
Upserve News
Facebook
Upserve on Facebook
YouTube
Upserve on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Sheryl Hoskins
  Sheryl Hoskins LinkedIn Profile  Sheryl Hoskins Twitter Account  Sheryl Hoskins News  Sheryl Hoskins on Facebook
Chief Financial Officer
Anne Huemme
  Anne Huemme LinkedIn Profile  Anne Huemme Twitter Account  Anne Huemme News  Anne Huemme on Facebook
Chief Marketing Officer
Andrea Kayal
  Andrea Kayal LinkedIn Profile  Andrea Kayal Twitter Account  Andrea Kayal News  Andrea Kayal on Facebook
VP - Engineering
Bright Fulton
  Bright Fulton LinkedIn Profile  Bright Fulton Twitter Account  Bright Fulton News  Bright Fulton on Facebook
VP - Human Resources
Tammy Polk
  Tammy Polk LinkedIn Profile  Tammy Polk Twitter Account  Tammy Polk News  Tammy Polk on Facebook
VP - Product Management
David Hoffman
  David Hoffman LinkedIn Profile  David Hoffman Twitter Account  David Hoffman News  David Hoffman on Facebook
VP - Sales
Kyle Johnson
  Kyle Johnson LinkedIn Profile  Kyle Johnson Twitter Account  Kyle Johnson News  Kyle Johnson on Facebook


 

 

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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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