09:39 AM EDT, 06/16/2025 (MT Newswires) -- Cantaloupe (CTLP) said Monday it has agreed to be acquired by 365 Retail Markets in an all-cash deal with an equity value of about $848 million.

Under the terms of the deal, Cantaloupe said its shareholders will get $11.20 per share in cash from 365, a portfolio company owned by private equity firm Providence Equity Partners.

The deal is expected to close in H2, after which Cantaloupe said it will become a privately held company.

Price: 9.50, Change: -0.10, Percent Change: -1.04