Lightspeed selling U.S. hospitality business Upserve to Skyview Equity

Lightspeed Commerce Inc. (LSPD:CA) Discusses Divestiture of Upserve U.S. Hospitality Product Line and Strategic Refocus Transcript

Lightspeed Commerce Inc. (LSPD:CA) Discusses Divestiture of Upserve U.S.

Lightspeed selling U.S. hospitality business Upserve to Skyview Equity

MONTREAL - Lightspeed Commerce Inc. says it has sold its Upserve hospitality business in the U.S. to Skyview Equity in a deal worth up to US$81 million.

Lightspeed sells underperforming U.S. unit Upserve for fraction of $430-million paid in 2020

Deal is the latest step in a company turnaround aimed at improving revenue growth, profitability

Lightspeed Commerce Divests Upserve U.S. Hospitality Product Line to Skyview Equity

/PRNewswire/ - Lightspeed Commerce Inc. (NYSE: LSPD) (TSX: LSPD) ("Lightspeed" or the "Company"), the unified omnichannel platform powering ambitious retail,...

Lightspeed offloads Upserve at a discount as transformation plan continues

Montréal-based Lightspeed Commerce is selling off one of its business units for much less than it paid for it.  The e-commerce and point-of-sales firm announced on Wednesday morning that it is divesting its US hospitality product line, Upserve, to private equity firm Skyview Equity for up to $81 million USD ($111 million CAD) in cash. The transaction will pay Lightspeed $44 million USD up front, with the remaining $37 million subject to earnout …