Press Release
May 19, 2026

Holland & Knight Advises Seaga Manufacturing in Acquisition of Three Square Market

CHATTANOOGA, Tenn. (May 19, 2026) – Holland & Knight represented Seaga Manufacturing Inc. in its acquisition of Three Square Market, a micromarket kiosk provider previously owned by Cantaloupe Inc. In addition to mergers and acquisitions (M&A) advisory, Holland & Knight advised Seaga in navigating Federal Trade Commission regulatory requirements associated with the divestiture, as well as negotiating complex intellectual property and payment facilitation matters related to the transaction. The transaction closed on May 8.

Freeport, Illinois-based Seaga, a portfolio company of Dominus Capital, is a global leader in the design, manufacturing and deployment of advanced vending and intelligent inventory control technologies.

This acquisition strengthens Seaga's capabilities in micromarkets and further expands its integrated vending ecosystem designed to help operators grow revenue, streamline operations and deliver a modern consumer experience. Together, Seaga and Three Square Market will deliver a complete unattended retail platform, helping convenience service operators deploy scalable solutions that include vending, micromarkets and inventory control systems with advanced data insights.

Holland & Knight Partner Roddy Bailey (M&A) led the Firm's representation of Seaga. He received assistance from Partner Ignacio De la Huerta and Associates Clayton Stansell and Kelcie Ouillette (M&A); Partner David Kully (Antitrust); Partner Daniel Barsky (Intellectual Property); Partner Christopher Phillips (Financial Services); and Associate Connor Jordan (Executive Compensation & Benefits).

More information about the transaction can be found here.

Recently recognized as the Private Equity Law Firm of the Year by the Global M&A Network and M&A Law Firm of the Year by M&A Advisor, Holland & Knight regularly ranks among the leading M&A and private equity law firms in reputable, benchmarking league tables published by Bloomberg, LSEG, Mergermarket, PitchBook and The Deal. Through the HK Deal Flow℠ program, Holland & Knight facilitates deal leads for clients and prospective clients by matching acquisition or capital raising opportunities with buyers and investors.

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