Lightspeed POS Inc. is continuing its acquisition spree and efforts to consolidate the e-commerce industry with a pair of deals valued at US$925 million.

The Montreal company, which sells software for small- and medium-sized retailers and restaurants, announced Monday that it will buy e-commerce company Ecwid and wholesale software business NuOrder.

“By joining forces with Ecwid and NuOrder, Lightspeed becomes the common thread uniting merchants, suppliers and consumers, a transformation we believe will enable innovative retailers to adapt to the new world of commerce,” said Lightspeed founder and chief executive Dax Dasilva, in a release.

Under the first deal, Lightspeed will buy Encinitas, Calif.-based Ecwid for US$$500 million, including US$175 million in cash and US$325 million in Lightspeed shares.

Ecwid, which was founded in 2009 to enable small businesses to easily add online stores to their existing sites, boasts about having 130,000 paying customers across more than 100 countries.

The second deal will see Lightspeed pay US$425 million, including half in cash and half in Lightspeed shares, for Los Angeles-based NuORDER, a business-to-business e-commerce platform.

NuOrder has worked with more than 3,000 brands including Coach, Converse, Canada Goose, Steve Madden, JW Anderson and Helmut Lang.

In a call with analysts just after the deal was announced, Lightspeed explained that buying Ecwid allows it to offer clients easy-to-use tools they can use to quickly sell online and unify their digital and physical operations.

Meanwhile, NuOrder has a high concentration of apparel brands it works with and will open up financial services opportunities to Lightspeed.

In the last two years, Lightspeed has purchased restaurant software company Upserve, cloud-based retail management software company Vend Ltd. and ShopKeep, which helps restaurants and retailers accept payment and manage their business.