Lightspeed Commerce Divests Upserve U.S. Hospitality Product Line to Skyview Equity

Transaction Sharpens Focus on Core Growth Engines of Retail in North America and Hospitality in Europe MONTREAL, April 29, 2026 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE: LSPD) (TSX: LSPD) ("Lightspeed" or the "Company"), the unified omnichannel platform powering ambitious retail, golf and hospitality businesses in over 100 countries, today announced the sale of its non-core Upserve U.S. hospitality product line ("Upserve") to Skyview Equity ("Skyview") for total cash consideration of up to $81 million USD, $37 million of which is subject to an earnout. The divestiture is consistent with Lightspeed's strategy to streamline its portfolio and concentrate on its two core growth engines of retail in North America and hospitality in Europe.