Lightspeed POS Acquires Kounta
Lightspeed POS Inc. entered into an agreement to acquire Australia-based Kounta Holdings Pty Ltd, a cloud-based POS solutions provider to small and medium-sized businesses operating within the hospitality industry.
Combining with Kounta will strengthen Lightspeed’s resources to provide enhanced customer experiences as it expands into the Asia-Pacific region with more than 7,000 customer locations across Australia and New Zealand.
“Kounta’s impressive track record is thanks to its team, and we are excited to welcome them into the Lightspeed family,” said Dax Dasilva, founder and CEO of Lightspeed. “When smart minds collaborate, our merchants are the main beneficiaries of the resulting innovation, ultimately enabling SMBs around the world to reach their full potential through our technology.”
“Joining Lightspeed, a recognized global leader, is a testament to our hard work and also a shared passion for empowering independent businesses,” said Nick Cloete, founder and CEO of Kounta. “We are immensely proud to partner with a company so well aligned on purpose, culture and technology.”