Lightview backs InStore Technology to build a grocery IT services platform

CEO Tom Courlas plans to expand InStore Technology's services, territory and acquisition pipeline; the deal's size and ownership terms were not disclosed.

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Primary source: PR Newswire

Why it matters

Independent grocers rely on a growing stack of checkout, payments, pricing and security systems. Lightview is betting that InStore Technology's multi-vendor support model can scale through regional acquisitions.

The operational data and energy flow of a modern grocery retail system (Infrared thermal scan with scientific instrument readout overlays and data visualization elements.)

Lightview Capital completed a strategic investment in InStore Technology on August 10th, giving CEO Tom Courlas capital to expand the Seattle-area grocery technology provider's services, geographic reach and acquisition program.…

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