Lightspeed, the large Montreal provider of software, solutions and support systems, is acquiring Montreal-based Chronogolf, a cloud-based software offering that facilitates management for golf course operators around the world.
Lightspeed said its cloud-based software will help new and existing customers in the golf industry drive business growth and maximize efficiency. It powers over 49,000 small and medium-sized retail and restaurant locations worldwide
The Chronogolf software will offer customers a fully-integrated point of sale and golf course management solution, giving them the opportunity to streamline their business, from pro shop to restaurant to tee sheet—all in one system.
Chronogolf’s team, along with Co-CEO’s JD St-Martin and Guillaume Jacquet, will join Lightspeed. Here’s what Chronogolf wrote on their website once the sale went public:
“We cannot thank you enough for the trust you have placed in us over the years. Our goal has always been to provide the best service and technology in the industry, and that will never change. Moving forward, we are 100% committed to offering the same outstanding customer support, remaining open to your input, and delivering cutting edge features. Everyone you know from our amazing team is staying on board, and your Chronogolf experience is only going to get better.
“This acquisition is about truly aligning with an industry leader to take our product to the next level. As we more deeply integrate into Lightspeed Retail, Lightspeed Restaurant, Lightspeed eCom, Lightspeed Accounting, and Lightspeed Payments, our management solution becomes even more ideally positioned to service the community of golf courses worldwide.”
Dax Dasilva, Lightspeed’s CEO, also commented on the deal.
“Since Lightspeed’s inception, our focus has been to provide technology to small and medium-sized businesses in verticals with complex operations, so they can work smarter,” said the CEO. “Running a golf course combines retail, restaurant, and ecommerce—areas that are core to our business.”
“We are excited to be a part of the Lightspeed team that is bringing this powerful all-in-one management solution to pro shops and restaurants across the industry,” said JD St-Martin, Co-CEO of Chronogolf. “Through this highly configurable solution, we are providing operators with the opportunity to more deeply understand their business through performance data and insights, enabling them to create a targeted and engaging experience for their members.”