Lightspeed POS to buy Kounta
Montreal-based Lightspeed POS Inc, a point of sale platform, has agreed to acquire Kounta Holdings Pty Ltd, an Australian cloud-based POS solutions provider to small and medium-sized businesses operating within the hospitality industry. According to terms of the deal, Lightspeed will acquire Kounta for about US$35.3 million. Earlier this year, Lightspeed POS went public on the Toronto Stock Exchange. Its pre-IPO backers included Caisse de dépôt et placement du Québec, Inovia Capital and Investissement Québec.
22 October 2019•3 mins read
