Lightspeed and GreatLIFE Partner to Offer Customers World-Class, Technology-Driven Golf Experiences
18 Gennaio 2024 - 2:03PM
Lightspeed Commerce Inc. (NYSE | TSX: LSPD) announced today a new
partnership with GreatLIFE Golf & Fitness, an industry-leading
Multi-Course Operator (MCO). Through this partnership Lightspeed
will provide courses in GreatLIFE’s portfolio with custom
technology solutions that are tailored to their unique operational
needs. Powering the world’s best businesses, Lightspeed is the
unified POS and payments platform for ambitious entrepreneurs who
wish to accelerate growth, provide the best customer experiences
and become a go-to destination in their space.The collaboration
marks a milestone in the golf technology landscape and highlights
Lightspeed's continued commitment to providing cutting-edge
solutions for the golf industry. "We are thrilled to welcome
GreatLIFE Golf & Fitness into the Lightspeed family,” said
David Hope, General Manager, Lightspeed Golf. “Our two
organizations share a commitment to providing flexible, innovative
solutions to the golf industry that empower owners and operators.
It’s through this commitment that we saw a natural alignment. With
this partnership in place, it marks a step forward in our
shared vision for accessible, technology-driven golf
experiences."GreatLIFE Golf manages an extensive portfolio of 56
locations across the United States. GreatLIFE is moving forward
with Lightspeed at its 14 clubs in the Kansas City market, with
plans for further implementation across additional sites. This
partnership solidifies Lightspeed’s position as a technology
partner of choice for renowned MCOs in the golf industry, adding
GreatLIFE to an esteemed list of collaborators, including
Landscapes Unlimited, Advance Golf Partners, Kapalua Troon, Ron
Jaworski Golf, OKI Golf, KemperSports, and MCG.The partnership is
especially noteworthy given Lightspeed's commitment to public,
accessible golf—a shared commitment with GreatLIFE, whose mission
is to enrich the lives of families and communities through golf,
fitness, and healthy lifestyles.
Unprecedented Flexibility
with Open APIThe standout feature that led GreatLIFE to
choose Lightspeed was the platform's flexibility enabled by its
cloud-based, open API. GreatLIFE seamlessly integrated Lightspeed's
POS solutions for Retail and Restaurant with their preferred direct
booking engine, GolfBack. This level of customization, combined
with Lightspeed's multi-location capabilities and best-in-breed
partner ecosystem, makes it a powerful choice for complex MCOs
looking to elevate their operations.Also central to GreatLIFE’s
decision was Lightspeed’s onboarding support, dedicated account
management and product adoption specialist teams. Given GreatLIFE’s
commitment to maintaining a high standard of customer service
across its broad customer base, they required a partner who could
deliver the same. From onboarding to post-launch services,
Lightspeed’s team are industry experts who collaborate closely with
customers to ensure their success.“I appreciate Lightspeed’s
commitment to helping not only GreatLIFE Golf operate at a high
level,but our industry as a whole,” said John Brown, CEO, GreatLIFE
Golf. “Lightspeed is a great partner to have in our portfolio and
we also feel that Lightspeed will work to continue to push
technology in golf further.”Lightspeed powers the world’s best
businesses, including Founders Group International, Landscapes
Unlimited, KemperSports, TPC Myrtle Beach, Cape Kidnappers and
Kapalua Troon. Dive into the transformative features of
Lightspeed Golf on our website. Lightspeed’s team will also be
onsite at the 2024 PGA Show from January 24 to 26 at booth
#3929.About Lightspeed Powering the businesses that are the
backbone of the global economy, Lightspeed’s one-stop commerce
platform helps merchants innovate to simplify, scale and provide
exceptional customer experiences. Our cloud commerce solution
transforms and unifies online and physical operations, multichannel
sales, expansion to new locations, global payments, financial
solutions and connection to supplier networks.Founded in Montréal,
Canada in 2005, Lightspeed is dual-listed on the New York Stock
Exchange and Toronto Stock Exchange (NYSE: LSPD) (TSX: LSPD). With
teams across North America, Europe and Asia Pacific, the company
serves retail, hospitality and golf businesses in over 100
countries.For more information, see www.lightspeedhq.com.Follow us
on social media: LinkedIn, Facebook, Instagram, YouTube, and
Twitter.About GreatLIFEGreatLIFE Golf Management’s mission is to
enrich the lives of individuals and families through the game of
golf, positive social connection, and a dedication to healthy
lifestyles while understanding the tremendous economic benefit a
club can bring to its local community. GreatLIFE Golf currently
operates 56 clubs in 10 states and is the ninth largest golf course
operator in the world.Forward-Looking StatementsThis news release
may include forward-looking information and forward-looking
statements within the meaning of applicable securities laws
("forward-looking statements"). Forward-looking statements are
statements that are predictive in nature, depend upon or refer to
future events or conditions and are identified by words such as
"will", "expects", "anticipates", "intends", "plans", "believes",
"estimates" or similar expressions concerning matters that are not
historical facts. Such statements are based on current expectations
of Lightspeed's management and inherently involve numerous risks
and uncertainties, known and unknown, including economic factors. A
number of risks, uncertainties and other factors may cause actual
results to differ materially from the forward-looking statements
contained in this news release, including, among other factors,
those risk factors identified in our most recent Management's
Discussion and Analysis of Financial Condition and Results of
Operations, under "Risk Factors" in our most recent Annual
Information Form, and in our other filings with the Canadian
securities regulatory authorities and the U.S. Securities and
Exchange Commission, all of which are available under our profiles
on SEDAR at www.sedarplus.ca and on EDGAR at www.sec.gov. Readers
are cautioned to consider these and other factors carefully when
making decisions with respect to Lightspeed's subordinate voting
shares and not to place undue reliance on forward-looking
statements. Forward-looking statements contained in this news
release are not guarantees of future performance and, while
forward-looking statements are based on certain assumptions that
Lightspeed considers reasonable, actual events and results could
differ materially from those expressed or implied by
forward-looking statements made by Lightspeed. Except as may be
expressly required by applicable law, Lightspeed does not undertake
any obligation to update publicly or revise any such
forward-looking statements, whether as a result of new information,
future events or otherwise.
For further information: Media Contacts: Canada: Victoria Baker,
NKPR - victoriab@nkpr.net; USA: Jennifer Fugel, Newsmaker Group-
jfugel@newsmakergroup.com; Lightspeed Media Relations -
media@lightspeedhq.com; Investor Relations: Gus Papageorgiou,
Lightspeed Investor Relations -
investorrelations@lightspeedhq.com
- Lightspeed and GreatLIFE Partner
Sara Basdeo
Lightspeed Commerce Inc.
6475376271
sara.basdeo@lightspeedhq.com
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