M&A Deal Summary

Cantaloupe Acquires Cantaloupe Systems

On November 7, 2017, Cantaloupe acquired internet software and services company Cantaloupe Systems from Global Environment Fund for 85M USD

Acquisition Highlights
  • This is Cantaloupe’s 2nd transaction in the Internet Software and Services sector.
  • This is Cantaloupe’s largest (disclosed) transaction.
  • This is Cantaloupe’s 4th transaction in the United States.
  • This is Cantaloupe’s 1st transaction in California.

M&A Deal Summary
Date 2017-11-07
Target Cantaloupe Systems
Sector Internet Software and Services
Buyer(s) Cantaloupe
Sellers(s) Global Environment Fund
Deal Type Add-on Acquisition
Deal Value 85M USD

Target

Cantaloupe Systems

San Francisco, California, United States
website
Cantaloupe Systems, Inc. is a provider of cloud-based, mobile technologies that deliver an integrated end-to-end vending retail solution for cashless vending, dynamic route scheduling, automated pre-kitting and merchandising and inventory management.

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Buyer(S) 1

Buyer

Cantaloupe

Malvern, Pennsylvania, United States

website

Category Company
Founded 1992
Sector Information Technology
Employees150
Revenue 195M USD (2022)
DESCRIPTION

Cantaloupe is an all-in-one enterprise platform that helps businesses like streamline processes, automate decisions, and delight customers. It delivers an operational and payments platform for unattended retail that is quick to implement, easy to integrate, flexible to operate and provides valuable, real-time customer insights and rapid ROI. Cantaloupe was founded in 1992 and is based in Malvern, Pennsylvania.

DEAL STATS #
Overall 4 of 6
Sector (Internet Software and Services) 2 of 4
Type (Add-on Acquisition) 4 of 5
State (California) 1 of 1
Country (United States) 4 of 6
Year (2017) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-25 VendScreen

Portland, Oregon, United States

VendScreen Inc. is a manufacturer of retrofit touchscreen devices for vending machines. VendScreen devices are powered by a proprietary cloud-based computing platform that enables cashless transactions, dynamic product and nutrition information, on-screen promotions, and centralized remote monitoring.

Buy $6M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-22 Seed Markets

Tukwila, Washington, United States

Seed Markets is a developer of cloud and mobile solution to enable efficient micro market management, alongside proven vending and OCS solutions.

Buy -

Seller(S) 1

SELLER

Global Environment Fund

Bethesda, Maryland, United States

Investor Investor Investor

website

Category Asset Manager
Founded 1990
PE ASSETS 1.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Global Environment Fund (GEF) is a global alternative asset manager dedicated to the energy, environmental, and natural resources sectors. Global Environment Fund was formed in 1990 and is based in Chevy Case, Maryland.

DEAL STATS #
Overall 13 of 15
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 8 of 9
State (California) 2 of 2
Country (United States) 9 of 10
Year (2017) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-20 GRO-WELL

Tempe, Arizona, United States

GRO-WELL is specializing in the production and marketing of all natural and organic products. GRO-WELL Brands was founded in 1855 and is based in Tempe, Arizona.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-21 Optimoz

Bethesda, Maryland, United States

Optimoz, Inc. is a digital transformation company that enables enterprises and federal agencies to accelerate development and delivery of applications that engage customers and drive revenue. Company aim to empower customers to increase their delivery capabilities with the effective and efficient use of the technology. OPTIMOZ specializes in all aspects of Cloud Computing, DevSecOps, Continuous Integration/Continuous Delivery and Application Development leveraging on microservices and API architecture.

Buy -
Mergr

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