Add-on Acquisition • Electrical Equipment

Cantaloupe Acquires Bayview Technology Group

On July 14, 2003, Cantaloupe acquired electrical equipment company Bayview Technology Group

Acquisition Context
  • This is Cantaloupe’s 1st transaction in the Electrical Equipment sector.
  • This is Cantaloupe’s 2nd transaction in the United States.
  • This is Cantaloupe’s 1st transaction in Colorado.

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M&A Deal Summary

Date July 14, 2003
Target Bayview Technology Group
Sector Electrical Equipment
Buyer(s) Cantaloupe
Deal Type Add-on Acquisition

Target Company

Bayview Technology Group

Denver, Colorado, United States
Bayview Technology Group LLC is a provider of markets intelligent power control solutions for the vending, office equipment and other industries. Bayview Technology Group LLC was founded in 2000 and is based in Denver, Colorado.
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Buyer Overview 1

Buyer

Cantaloupe

Malvern, Pennsylvania, United States

Category Company
Founded 1992
Sector Information Technology
Revenue 269M USD (2024)
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 Context for Buyer #
Overall 2 of 7
Sector: Electrical Equipment 1 of 1
Type: Add-on Acquisition 2 of 6
State: Colorado 1 of 1
Country: United States 2 of 6
Year: 2003 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-05-20 Stitch Networks

Kennett Square, Pennsylvania, United States

Stitch Networks Corp. is a provider of wireless machine-to-machine (M2M) networking solutions for the remote management and control of distributed assets. Stitch Networks Corp. was founded in 1996 and is based in Kennett Square, Pennsylvania.

Buy -
FOLLOWING 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