Business
365 Retail Markets Completes Acquisition of Cantaloupe to Expand Technology Capabilities and Customer Value
TROY, Mich., May 11, 2026--365 Retail Markets, LLC ("365"), a leading innovator in unattended retail technologies, today announced that it has completed its acquisition of Cantaloupe, Inc. ("Cantaloupe"), a global technology leader offering end-to-end technology solutions for self-service commerce. 365 is a portfolio company of Providence Equity Partners L.L.C. ("Providence"), a specialist private equity investment firm focused on growth-oriented media, communications and education companies acr
About this update from Cantaloupe, Inc.
[{"type":"text","content":"The combined private company brings together complementary solutions to give operators more choice, flexibility and control in delivering modern, convenient retail experiences","length":175,"tagName":"p","attribs":{}},{"type":"text","content":"TROY, Mich., May 11, 2026--(BUSINESS WIRE)--365 Retail Markets, LLC ("365"), a leading innovator in unattended retail technologies, today announced that it has completed its acquisition of Cantaloupe, Inc. ("Cantaloupe"), a global technology leader offering end-to-end technology solutions for self-service commerce. 365 is a portfolio company of Providence Equity Partners L.L.C. ("Providence"), a specialist private equity investment firm focused on growth-oriented media, communications and education companies across North America and Europe.","length":576,"tagName":"p"},{"type":"text","content":"With the transaction complete, the combined business will operate under 365 Retail Markets, bringing together Cantaloupe’s payments, telemetry and global device network with 365’s self-checkout, smart store and software systems. These capabilities expand the range of environments 365 can serve, from traditional vending and food service operations to newer locations such as hospitality, entertainment venues and transit hubs. The combination also allows operators to run more efficiently by enabling the tools that best support their business objectives, and in turn deliver a more seamless experience for consumers.","length":618,"tagName":"p"},{"type":"text","content":""We are thrilled to have completed the acquisition of Cantaloupe," said Joe Hessling, Founder and CEO of 365. "The addition of their great products and welcoming both Scott Stewart and Jeffrey Dumbrell to the Executive Team will certainly go a long way to onboard nearly 40,000 new customers and introduce them to the 365 suite of products and services. The retail environment is shifting worldwide to a more convenient, safe and connected consumer experience. 365 is leading that shift and will be positioned to better serve consumers with this deal."","length":572,"tagName":"p"},{"type":"text","content":""Integrating with 365 is an important next step to help our customers maximize the value and reach of available technology solutions," said Jeffrey Dumbrell, Chief Revenue Officer at...