Cantaloupe, U.S. Payments Firm, Weighs Sale or Go-Private Options

Reported about 6 hours ago

Cantaloupe, a U.S. payments technology company based in Pennsylvania, is reportedly exploring strategic options including a potential sale or going private, as confirmed by sources. The firm specializes in digital payments for self-service businesses like vending machines and car washes. Currently working with JPMorgan Chase, Cantaloupe's stock has risen nearly 60% since September, reflecting a robust market valuation of around $750 million, though a sale is not guaranteed.

Source: YAHOO

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