365 Retail Markets to Acquire Cantaloupe in All-Cash Deal
June 16, 2025
Cantaloupe, Inc. (NASDAQ: CTLP) entered into a definitive agreement to be acquired by 365 Retail Markets, LLC in an all-cash transaction with an equity value of approximately $848 million. Under the terms of the deal, Cantaloupe shareholders will receive $11.20 per share in cash, and the transaction is expected to close in the second half of 2025, subject to customary conditions.
- Buyers
- 365 Retail Markets, LLC, Providence Equity Partners L.L.C.
- Targets
- Cantaloupe, Inc.
- Industry
- Cloud & SaaS
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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