Cantaloupe acquires CHEQ for $4.75M cash, expanding into sports/entertainment venues

CANTALOUPE, INC.

Acquisition of Cheq Lifestyle Technology for $4.75M cash closed February 1, 2024.
CHEQ provides enterprise-grade POS and mobile-first ordering for stadiums, arenas, and festivals.
Partners include Washington Commanders (NFL), Florida Panthers (NHL), and Miami Marlins (MLB).
Cantaloupe CEO cites expansion into rapidly growing sports/entertainment sector with product synergies.

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