Christinne Muschi/Bloomberg via Getty Images
Quebec Ink

Quebec Ink: U.S. tech is for sale, and Canada is on the M&A hunt

MONTREAL — Over the last two years, Lightspeed, the Montreal point-of-sale software company founded in 2005 by noted Vancouver transplant Dax Dasilva, has spent US$1.89 billion buying American companies. Three Metro stops to the west, electronic payment-processing company Nuvei has spent more than US$371 million acquiring stateside companies during the same period, while over the bridge, in the suburb of Longueuil, MDF Commerce has put its mitts on about US$265 million in Yankee booty since the cold days of January 2020.

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