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Self-serve commerce company Cantaloupe’s acquisition to enable 365 Retail Markets to offer a seamless unattended retail platform across the globe with frictionless payments, software services and self-checkout technology

June 17, 2025 //  by Finnovate

Self-serve commerce company Cantaloupe is set to go private in an $884 million deal. The company announced that it would be acquired by 365 Retail Markets, maker of unattended retail technologies and a portfolio company of private equity group Providence Equity Partners. Cantaloupe’s and 365’s complementary strengths will enable the combined company to offer a seamless unattended retail platform for customers around the globe, from hardware to software, and payment processing technology to data analytics. Cantaloupe’s offerings in delivering frictionless payments and software services combined with 365’s innovation and focus in self-checkout technology primarily for foodservice operator (FSO)-centric, enterprise-focused customers are expected to help expand the combined company’s customer base, product suite and vertical reach. The combined company will have a strong financial foundation and the transaction is expected to unlock meaningful synergies to fuel further investment in the business and customer benefits. These synergies include customer cost savings, cross-sell opportunities, and growth through new product rollouts, increased software adoption, and payments expansion. Together, the two companies say they will be better positioned to serve food service, convenience, retail, hospitality and sports/entertainment providers across North America, Latin America and Europe.

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Category: Channels, Innovation Topics

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