Lightspeed Commerce Sells Upserve U.S. Hospitality Unit for Up to $81M, Raises EBITDA Outlook
Key takeaways
- Lightspeed Commerce Sells Upserve U.S.
- Lightspeed expects the divestiture to reduce fiscal 2026 revenue by about $140 million, gross profit by roughly $26 million and GPV by ~$5 billion, move ~3,200 U.S.
- Interested in Lightspeed Commerce Inc.?
Lightspeed Commerce Sells Upserve U.S. Hospitality Unit for Up to $81M, Raises EBITDA Outlook Market Beat Sun, May 3, 2026 at 10:02 PM GMT+7 7 min read LSPD Lightspeed Commerce logo Key Points Lightspeed sold its non‑core Upserve U.S. hospitality product line to Skyview Equity for up to $81 million (≈$44M cash plus up to $37M in earn‑outs), with $20M paid at closing and the deal completed; the company is retaining Upserve’s analytics technology as the foundation of Lightspeed Insights and its restaurant platform.
Lightspeed expects the divestiture to reduce fiscal 2026 revenue by about $140 million, gross profit by roughly $26 million and GPV by ~$5 billion, move ~3,200 U.S. locations and ~70 employees, and trim three‑year financial targets by ~5% in absolute terms while leaving CAGR unchanged; management now forecasts fiscal 2027 adjusted EBITDA of $75M–$95M.
Interested in Lightspeed Commerce Inc.? Here are five stocks we like better.