Gastrofix sold to Lightspeed POS Inc. (TSX:LSPD)

Gastrofix shareholders retained Clipperton as sole financial advisor in its sale to Lightspeed POS Inc. (TSX: LSPD), to further disrupt the hospitality market.

Lightspeed POS Inc. is a leading omnichannel point of sale platform to nearly 57,000 small and medium-sized retail and restaurant locations worldwide in over 100 countries around the world.

The transaction highlights Clipperton’s capacity to serve its clients as a long-term trusted adviser until the liquidity event and beyond (as seen with Webedia, Aramisauto, etc.) and expertise in cross-border M&A transactions.

DE | CA

Sold for a total consideration up to $125 million to

lightspeed POS Inc
SaaS

Press release (extract)

January 7th, 2020 - The transaction highlights Clipperton’s capacity to serve its clients as a long-term trusted adviser until the liquidity event and beyond (as seen with Webedia, Aramis Auto etc.). It also illustrates Clipperton’s expertise in cross-border M&A transactions, after a series of technology transactions in the past months: Sculpteo sold to BASF (XTRA:BAS), Matooma sold to Wireless Logic, givve sold to Up Group, acquisition of Cheerz by Cewe, etc. READ FULL PR

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