Weil Advises Providence Equity Partners and 365 Retail Markets in $848M Acquisition of Cantaloupe

Weil is advising Providence Equity Partners and its portfolio company 365 Retail Markets in the acquisition of Cantaloupe, Inc. in an all-cash transaction with an equity value of approximately $848 million.

365 Retail Markets is a leading innovator in unattended retail technologies, and a portfolio company of Providence Equity Partners. Cantaloupe is a Nasdaq-listed global technology leader offering end-to-end technology solutions for self-service commerce. Cantaloupe’s and 365’s complementary strengths will enable the combined company to offer a seamless unattended retail platform for customers around the globe, from hardware to software, and payment processing technology to data analytics.

The Weil team was led by U.S. Private Equity Co-Head Ramona Nee and Mergers & Acquisitions partner James R. Griffin and included Mergers & Acquisitions partner Claudia Lai and Private Equity partner David Gail, counsel Larissa Lucas and associates Janel Simonelli, Reed Ruddick and Mergers & Acquisitions associate Edward Martin; U.S. Antitrust Co-Head Jeffrey Perry, counsel Carla Hine and Marie-Marie de Fays and associates Daniel Baquet and Nya Gavin; Banking & Finance partner Benton Lewis and associate Angela Estrada; Public Company Advisory Group partner Adé Heyliger; Executive Compensation & Benefits partner Jennifer Britz and associate Justine Park; Technology & IP Transactions partner Dennis Adams and associate Adeline Park; Employment partner Rebecca Sivitz and associates Zeinab Bakillah and Clare Godfryd; U.S. Privacy & Cybersecurity Head Olivia Greer and associate Alexis Bello; Regulatory Transaction partner Timothy Welch; and Tax partner Noah Beck and associates Kyle Jackson & Sarah Yue.