16:52:42 EDT Sat 04 May 2024
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Lightspeed Commerce Inc
Symbol LSPD
Shares Issued 153,238,219
Close 2024-01-17 C$ 24.93
Market Cap C$ 3,820,228,800
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Lightspeed to provide custom tech to GreatLIFE Golf

2024-01-18 12:30 ET - News Release

Mr. David Hope reports

LIGHTSPEED AND GREATLIFE PARTNER TO OFFER CUSTOMERS WORLD-CLASS, TECHNOLOGY-DRIVEN GOLF EXPERIENCES

Lightspeed Commerce Inc. has formed a new partnership with GreatLIFE Golf & Fitness, an industry-leading multicourse 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 point-of-sale (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 API

The standout feature that led GreatLIFE to choose Lightspeed was the platform's flexibility enabled by its cloud-based, open application programming interface (API). GreatLIFE seamlessly integrated Lightspeed's POS solutions for retail and restaurant with its preferred direct booking engine, GolfBack. This level of customization, combined with Lightspeed's multilocation 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, it required a partner that could deliver the same. From onboarding to postlaunch 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, chief executive officer, 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 its website. Lightspeed's team will also be on site at the 2024 PGA Show from Jan. 24 to 26 at booth No. 3929.

About Lightspeed Commerce Inc.

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. Its cloud commerce solution transforms and unifies on-line and physical operations, multichannel sales, expansion to new locations, global payments, financial solutions, and connection to supplier networks.

Founded in Montreal, Canada, in 2005, Lightspeed is dual-listed on the New York Stock Exchange and Toronto Stock Exchange. With teams across North America, Europe and Asia Pacific, the company serves retail, hospitality and golf businesses in over 100 countries.

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