Image via BetaKit (Canada)
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Lightspeed: Restructuring
Montreal-based payments firm Lightspeed sold US hospitality business Upserve at a significant discount (~$350M loss) as part of ongoing transformation plan
Source: BetaKit (Canada)
The leadership read
Restructuring typically reshapes consulting leadership bench strength toward transformation and turnaround capability.
“the AI company plans to hire a San Francisco office, scale the infrastructure, and pursue global go-to-market ambitions”
Market context: This lands while the Talent Market Index reads 112.9 (Hot) — up 11.4 versus the prior month — and Americas signal share is rising (+2.5pts).
Lightspeed: 1 signal in the last 90 days — in line with the Consulting median of 1 across 43 tracked companies.
MitchelLake in this thematic
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VP Engineering
BCG Digital Ventures
Americas · Professional Services · engineering · venture building
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Ernst & Young (EMEIA) Services Limited
Americas · Professional Services · cybersecurity · saas
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Americas · Professional Services · consulting · digital advisory
From the MitchelLake archive
More signals across Consulting
Layoffs · Americas
Sony Interactive Entertainment →Sony laid off hundreds of developers at Bungie, the studio behind Destiny 2 and Marathon, during the same week PlayStation CEO Hideaki Nishino recommitted to live service game efforts.
Product Launch · Americas
Supercell →Supercell is launching 'Clash for the Stache', an interactive live fan experience for Clash of Clans, running July 15–September 7, 2026 in San Diego, timed to Comic-Con.
Product Launch · Americas
Dell Technologies →Dell Technologies has experienced massive revenue and stock growth driven by soaring sales of AI computing equipment, including AI-optimized servers which rocketed 757% to over $16 billion in Q1 2026. The company is selling a 'full stack' of computing infrastructure (workstations, servers, storage, networking, and services) for AI model deployment.
Geographic Expansion · Americas
Transurban →Transurban signed a Development Framework Agreement with Virginia Department of Transportation to assess a 6x larger expansion of the I-95 Express Lanes, adding ~120 lane miles and 140% capacity increase. Financial close anticipated 2029.
Geographic Expansion · Americas
Blockchain.com →Blockchain.com launched institutional payments infrastructure in Brazil, appointing financial payments veteran Fabrizio Spada to lead the expansion and trading across Latin America
Leadership Change · Americas
TransUnion →Appointed Clayton Ruebensaal as first Chief Marketing and Communications Officer in June 2026, reporting directly to CEO Chris Cartwright
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