M&A Deal Summary

Lightspeed Acquires Ecwid

On June 7, 2021, Lightspeed acquired internet software and services company Ecwid

Acquisition Highlights
  • This is Lightspeed’s 7th transaction in the Internet Software and Services sector.
  • This is Lightspeed’s 4th transaction in the United States.
  • This is Lightspeed’s 2nd transaction in California.

M&A Deal Summary

Date 2021-06-07
Target Ecwid
Sector Internet Software and Services
Buyer(s) Lightspeed
Deal Type Add-on Acquisition
Advisor(s) Morgan Stanley (Financial)

Target

Ecwid

Encinitas, California, United States
Ecwid is a best-in-class global eCommerce platform, that allows customers to create standalone businesses in minutes. Ecwid was founded in 2009 and is based in Encinitas, California.

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Buyer(S) 1

Buyer

Lightspeed

Montreal, Quebec, Canada

Category Company
Founded 2005
Sector Software
Employees1,800
Revenue 1.1B USD (2025)
DESCRIPTION

Lightspeed is a provider of POS platform for stores and restaurants. The company provides customers with a simple way to build, manage, and grow their retail, restaurant, or e-commerce business, and create a best-in-class customer experience. Its end-to-end solutions unify inventory, customer management, sales, and analytics across all channels, in-store, and online. Lightspeed was founded in 2005 and is based in Montreal, Quebec.


DEAL STATS #
Overall 11 of 11
Sector: Internet Software and Services M&A 7 of 7
Type: Add-on Acquisition M&A Deals 11 of 11
State: California M&A 2 of 2
Country: United States M&A 4 of 4
Year: 2021 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-07 NuORDER

Los Angeles, California, United States

NuORDER is a cloud & mobile B2B eCommerce solution that empowers brands and retailers to streamline their business operations. The company provides brands and retailers with a central hub to browse products and catalogs, access real-time inventory data, and place orders from a computer or mobile app 24/7/365. NuORDER was founded in 2011 and is based in Los Angeles, California.

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