M&A Deal Summary

Cantaloupe Acquires SB Software

On September 9, 2024, Cantaloupe acquired software company SB Software

Acquisition Highlights
  • This is Cantaloupe’s 1st transaction in the Software sector.
  • This is Cantaloupe’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2024-09-09
Target SB Software
Sector Software
Buyer(s) Cantaloupe
Deal Type Add-on Acquisition

Target

SB Software

Sheffield , United Kingdom
SB Software is a provider of vending and coffee management software solutions in the UK and Ireland. SB Software was founded in 2008 and is based in Sheffield, United Kingdom.

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Buyer(S) 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 STATS #
Overall 7 of 7
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 6 of 6
Country: United Kingdom M&A 1 of 1
Year: 2024 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-01 Cheq

Kirkland, Washington, United States

Cheq is a social payments platform, connecting consumers and businesses to create frictionless in-person experiences. CHEQ's universal ordering and payment app can be used by any restaurant, café, bar, or stadium to make transactions fun, easy, and worry-free. Users can even send food and drinks directly to their friends from anywhere in the world. Cheq was founded in 2021 and is based in Kirkland, Washington.

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