Lightspeed to acquire Vend for $350mm
[Financials in $US millions]
Acquirer Business Description
 Provides cloud-based POS
software for SMBs in retail,
hospitality, and golf industries
 Has reach in over 100 countries
 Gross transaction value >$20
billion
Financial Overview
Enterprise Value:
Market Cap:
Revenue:
EBITDA:
EV/EBITDA:
Source: PRNewsire, SeekingAlpha
Strategic Rationale
 The acquisition doubles Lightspeed’s number
of customers in the Asia-Pacific region
 Lightspeed can upsell to Vend’s customers
and provide Vend with new scalable services
Target Business Description  Post acquisition, Lightspeed will be the
partner of choice for over 135,000
 Provider of POS software that businesses worldwide
provides inventory management Transaction Overview
solutions, ecommerce support,
and reporting data  Transaction Price: $350mm
 TTM gross transaction value of  Premium Paid: N/A
$7 billion  Form of Financing: 55% cash, 45% voting
stock
Financial Overview
Transaction Advisors
$7,888.79 Enterprise Value: N/A
8,837.59 Market Cap: N/A  Acquirer Advisors: N/A
175.60 Revenue: 34.00  Target Advisors: N/A
-71.10 EBITDA: N/A
N/A EV/EBITDA: N/A