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

Newswire.ca - Wed Apr 29, 6:00AM CDT

Transaction Sharpens Focus on Core Growth Engines of Retail in North America and Hospitality in Europe

MONTREAL, April 29, 2026 /CNW/ - Lightspeed Commerce Inc. (NYSE: LSPD) (TSX: LSPD) ("Lightspeed" or the "Company"), the unified omnichannel platform powering ambitious retail, golf and hospitality businesses in over 100 countries, today announced the sale of its non-core Upserve U.S. hospitality product line ("Upserve") to Skyview Equity ("Skyview") for total cash consideration of up to $81 million USD, $37 million of which is subject to an earnout.

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