Image: Cantaloupe Co., Ltd.
Cantaloupe Inc., a provider of end-to-end technology solutions for self-service commerce, has acquired Cheq Lifestyle Technology Inc. for an undisclosed sum, according to a press release. This investment will prepare Cantaloupe for expansion into the sports, entertainment and restaurant sectors.
Cheq enables customers to streamline venue operations, increase efficiency, and increase revenue by leveraging mobile ordering, socially connected payments, real-time reporting, and remote support.
“There are tremendous synergies between both our product lines and solutions, allowing us to expand our footprint across our combined customer base,” said Ravi Venkatesan, CEO of Cantaloupe Inc. he said in a press release. “We are excited to welcome the Cheq team to the Cantaloupe family.”
Cheq is a member of numerous professional sports teams, entertainment venues, and festivals, including the Washington Commanders (NFL), Florida Panthers (NHL), Philadelphia Union (MLS), Miami Marlins (MLB), and CFG Bank Arena in Baltimore (Oak View Group). We provide payments to operators. and Loud & Live (Festival).
Acquisition highlights include:
- An enterprise-grade POS platform that provides real-time reporting, remote support, and backend analytics.
- Omnichannel solutions including mobile payments (native apps, QR codes, NFC, in-seat delivery, pickup with live wait times), POS kiosks, and handheld devices.
- Enabling real-time gifts.
- Team and venue customization, including integration with loyalty and team mobile applications.
