Cantaloupe - M&A Summary and Business Overview

Information TechnologyCompany

Cantaloupe M&A Summary

Cantaloupe has acquired 6 companies, including 1 in the last 5 years. A total of 1 acquisition came from private equity firms.

Cantaloupe’s largest acquisition to date was in 2017, when it acquired Cantaloupe Systems for $85M. Cantaloupe has acquired in 5 different US states. The Company’s most targeted sectors include internet software and services (67%) and electrical equipment (17%).

Cantaloupe Business Overview

Where is Cantaloupe headquartered?

Cantaloupe is headquartered in Malvern, Pennsylvania.

What is Cantaloupe’s revenue?

Cantaloupe disclosed revenue of 195M USD for 2022 and 167M USD for 2021.

How many employees does Cantaloupe have?

Cantaloupe has 150 employees.

What sector is Cantaloupe in?

Cantaloupe is an information technology company.

When was Cantaloupe founded?

Cantaloupe was founded in 1992.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity6
  • Total Sectors Invested 3
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2
  • M&A Advisors 4

Cantaloupe

Cantaloupe, Inc.

100 Deerfield Lane, Suite 300,
Malvern, Pennsylvania 19355
United States,
(800) 633-0340
www.cantaloupe.com

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.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 5 - - - - 1 6
vol $91M $91M
Sell (0.0/yr) # - - - - - - 0
  6

Most Recent M&A

Company Date Value Type
Cheq Lifestyle Technology, Inc. 2024-02-01 - Add-on Acquisition
Kirkland, Washington · www.cheqplease.com
Seed Markets 2018-02-22 - Divestiture
Tukwila, Washington
Cantaloupe Systems, Inc. 2017-11-07 85M USD Add-on Acquisition
San Francisco, California · www.cantaloupesys.com
VendScreen, Inc. 2016-01-25 6M USD Add-on Acquisition
Portland, Oregon · www.vendscreen.com
Bayview Technology Group LLC 2003-07-14 - Add-on Acquisition
Denver, Colorado · www.bayviewtech.com
Stitch Networks Corp. 2002-05-20 - Add-on Acquisition
Kennett Square, Pennsylvania · www.stitchnetworks.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Internet Software and Services 4 (67%) 85M (94%) - -
Electrical Equipment 1 (17%) - - -
Technology Hardware 1 (17%) 6M (6%) - -
Total 6 $91M - -

By Geo

State/Country Buy Value Sell Value
United States 6 91M - -
  Washington 2 - - -
  Pennsylvania 1 - - -
  Oregon 1 6M - -
  Colorado 1 - - -
  California 1 85M - -
Total 6 $91M - -

Top M&A Advisors

Financial Deals
William Blair
 1
Legal Deals
Lurio & Associates
 1
Ballard Spahr LLP
 1
RatnerPrestia
 1

Deal Values

buy # Total
< $100M 2 $91M
TOTAL $91M
Largest Cantaloupe Systems, Inc.
$85M (2017-11-07)

M&A Connections

Deals
Acquired from
Investor(s)
17%
1 (17%)
Strategic(s)
17%
1 (17%)

Company Summary

SECTOR

Information Technology

Revenue

195   17% 2022
167   3% 2021
163   14% 2020
144   9% 2019
133   28% 2018
104   36% 2017
77   33% 2016
58   39% 2015
42   17% 2014
36   2013
(millions of USD) Show More Show Less

Employees

150

Established

1992

Public

NASDAQ: CTLP

Former Name

USA Technologies, Inc.

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