MONTREAL, Jan. 7, 2020 /PRNewswire/ – Lightspeed POS Inc. (TSX: LSPD), a leading omnichannel point of sale platform to nearly 57,000 small and medium-sized retail and restaurant locations worldwide, today announced that it has entered into an agreement to acquire Gastrofix, a quickly-growing market leader for cloud-based POS hospitality software in Germany.
Lightspeed’s acquisition of Germany’s premier cloud-based hospitality POS solutions provider brings two high-performing, complimentary teams together to better assist European merchants as they transition to the cloud.
With the addition of Gastrofix’s over 8,000 customer locations, including the Michelin-starred Seven Seas (Hamburg), Leaders Club winner Bar Shuka (Frankfurt) and the luxury Steigenberger Hotels and Resorts, Lightspeed solidifies its presence in Europe, namely in countries such as Germany, Austria and Norway, opening up access to an array of cloud-based services designed to propel European businesses forward. With this most recent acquisition, Lightspeed now has the capacity to offer solutions for merchants and restauranteurs in all key regions across Europe. Continue reading