Skyview Equity Acquires Lightspeed Commerce’s Upserve U.S. Hospitality Product Line
May 3, 2026
Lightspeed Commerce announced the sale of its non-core Upserve U.S. hospitality product line to Skyview Equity for total cash consideration of up to $81 million. The deal includes $44 million fixed cash consideration (with $20 million paid at closing and most of the remainder within 90 days) and an earnout of up to $37 million over 24 months tied to performance targets.
- Buyers
- Skyview Equity
- Targets
- Upserve U.S. hospitality product line (Upserve)
- Sellers
- Lightspeed Commerce Inc.
- Industry
- IT Services
- Location
- Quebec, Canada
- Transaction Type
- Divestiture
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