Hardware

Seaga acquires Three Square Market from 365 Retail Markets

Image courtesy Seaga Manufacturing

May 12, 2026

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Seaga Manufacturing has acquired Three Square Market to expand its presence in the growing unattended retail and micromarket sector, according to a press release. The transaction was announced by Seaga's private equity owner, Dominus Capital, which described the deal as part of a broader strategy to strengthen Seaga's technology capabilities and accelerate growth in intelligent retail systems. Financial terms were not disclosed.

The Federal Trade Commission required previous Three Square Market owner 365 Retail Markets to sell the company as a condition of its planned $848 million acquisition of Cantaloupe.

Three Square Market brings a portfolio of kiosk systems, payment technologies, software platforms and retail installation services that support customized unattended retail deployments. The company also manufactures cabinetry, coolers, fixtures and branded retail components for turnkey micromarket installations. Seaga said combining those capabilities with its existing vending and intelligent inventory technologies will allow the company to provide operators with a more comprehensive unattended retail platform.

Seaga CEO Mike Freund said the acquisition advances the company's technology roadmap as operators seek more flexible and scalable self-service solutions. The deal also highlights continued private equity interest in automation-focused business sectors driven by recurring service revenue, labor shortages and growing consumer demand for frictionless purchasing experiences. Seaga, headquartered in Freeport, Illinois, operates manufacturing and distribution facilities in multiple countries supporting its global vending and automated retail business.

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