Wineus advises the shareholders of iKentoo SA on the sale of the company to Lightspeed POS Inc.article from 01.10.2019
In July 2019, iKentoo SA was sold to the Canadian POS and e-commerce software provider Lightspeed POS Inc. The transaction marks an important milestone in iKentoo’s development being integrated in a world-leader in POS solutions.
iKentoo SA is specialized in developing iPad-based POS and business systems for the hospitality industry facilitating and streamlining restaurants’ and hotels’ management operations around the world.
With iKentoo, Lightspeed was able acquire a company that shares the common goal of enabling hospitality professionals to simplify managerial tasks in their daily life. Since their launch in 2005, Lightspeed has equipped over 49,000 customer locations in the retail and restaurant industry, as well as in the e-commerce sector.
Wineus provided sell side advisory services to the shareholders of iKentoo in the scope of the entire transaction process.