Published • 11 May 2026
365 Retail Markets 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.
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.
“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.”
“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 Cantaloupe. “As the demand for micro-retail in nontraditional sectors like hospitality and warehouses becomes stronger, we anticipate that the expanded capabilities enabled through this combination will allow for highly customized, readily available retail that benefits consumers by meeting them where they need it. We are grateful for our customers and stakeholders who have helped us reach this milestone, and we are excited to meet the next wave of unattended retail innovators in this new chapter.”
The complementary strengths of the two companies enable a diversified portfolio of products and solutions, expanding the market for unattended retail beyond traditional convenience and food service operator (FSO) models to include new sectors like hospitality, sports and entertainment. As the $86 billion global unattended retail industry continues to grow, Providence believes today’s combination brings the connected, automated and data-driven future of retail closer to reality with tools that can support customers at any stage of growth.
“As two separate companies that pioneered their individual niches in the self-service retail space, we believe having Cantaloupe join the 365 brand creates unparalleled opportunity for diversification and scale across sectors and geographies,” said Scott Marimow, Managing Director at Providence. “Environments for unattended retail can be found everywhere, from airports to corporate and industrial campuses. We believe that today’s acquisition creates strong opportunities for growth, scale and enhanced value for the customers and stakeholders of both 365 and Cantaloupe.”
Joshua Selip, Managing Director at Providence, commented, “We continue to see growth in unattended retail that is tailored for specific customer needs across new locations, and bringing 365 and Cantaloupe together creates more flexibility and possibility across a wide array of tools and services. In a market fueled by change and innovation, we are excited to support the growth and integration of these companies and the broader retail sector.”