Transaction · Vertical SaaS Payments · 2021

Lightspeed / Vend 2021

Lightspeed Commerce acquired Vend for $350M on March 17, 2021.

Target
Vend
Acquirer
Lightspeed Commerce
Deal value
$350M
Deal type
Mixed
Announced
March 17, 2021
Sub-sector
Vertical SaaS Payments

Lightspeed adds Auckland-based retail POS platform with 20,000 customer locations to scale internationally and accelerate omnichannel rollout.

Deal value
$350M
Target revenue
Target EBITDA
EV / Revenue
EV / EBITDA
Announcement
March 17, 2021
Close date
April 15, 2021
Acquirer
Lightspeed Commerce (Strategic)
Target HQ
New Zealand
Deal type
Mixed

Source: lightspeedhq.com