Lightspeed CEO Dasilva Says Company Is 'Open' to Going Private [Financial Post (Toronto, Ontario, Canada)]
Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD)
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Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — The head of Canada's Lightspeed Commerce Inc. told a Montreal news outlet that recent talks about a potential private equity buyout of payments firm Nuvei Corp. have him thinking about whether his company should do the same. “Nuvei is weighing whether it can do more as a private company,” Lightspeed Interim Chief Executive Officer and founder Dax Dasilva said in an interview with the La Presse news site. “People have made the same comment to me about Lightspeed.” Article content Article content “I still believe that the stock market is a good place for Lightspeed, but when you look at what's happening, you wonder if going private would be a better option,” Dasilva said. “We are always open to these discussions.” Montreal-based Lightspeed, which makes point-of-sale software used by restaurants and other businesses, went public five years ago at
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