Like Avvio

closed 11/17/2022 via Company Press Release

SHR, Sceptre Hospitality Resources, acquired Avvio

synopsis: Irish hotel tech pioneer Avvio is joining forces with US private equity backed Sceptre Hospitality Resources (SHR). Headquartered in Limerick, Ireland, and founded in 2002 Avvio has been a pioneer in hotel technology for 20 years. In 2017 it launched the world’s first AI powered booking engine, allora.ai.
buyer parent: Serent Capital
buyer: SHR, Sceptre Hospitality Resources
Headquartered in Houston, Texas, SHR is a revenue generating platform that helps hotels execute their best revenue generation strategies through its tightly integrated central reservation (CRS), customer relationship management (CRM), and revenue management (RMS) systems. "
target: Avvio
Headquartered in Ireland, and founded in 2002, Avvio has been a pioneer in hotel technology for 20 years. In 2017 it launched the world’s first AI powered booking engine, allora.ai, which provides technology to over 500 hotels around the world and powers over £400m in transactions every year.
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closed 9/13/2022 via Company Press Release

EpsilonNet, acquired HotelAvailabilities

synopsis: EpsilonNet, a group of companies in Greece, has acquired a 70% stake in HotelAvailabilities, a cloud-based hotel channel management solution in the UK. HotelAvailabilities allows hoteliers to take complete control over their availability across all online markets. Their platform helps hotels to be more productive and prevent overbooking.
buyer: EpsilonNet (ATSE:EPSIL:$50.54)
EpsilonNet is a group of companies in Greece engaged in business software, digital content, and vocational education. EpsilonNet offers accounting, tax, and payroll software solutions. EpsilonNet Training provides vocational education for executives, economists, finance managers, and accountants. "
target: HotelAvailabilities
HotelAvailabilities is a cloud-based hotel channel management solution in the UK. HotelAvailabilities allows hoteliers to take complete control over their room rates, availability, and restrictions across all online markets. Their platform helps hotels to be more productive and prevent overbooking
price ($mm)
$0.10*
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$0
EBITDA ($mm)
EV / rev
0.8x
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closed 5/15/2020 via BNC Analysis

Zucchetti Group SPA, acquired Lybra.Tech Slr

synopsis: Lybratech, a technological startup has been acquired by the Zucchetti group from LVenture Group. LVenture Group divested its 51% entire stake. LybraTech provides software based on artificial intelligence to allow hotels to identify the sale price of the rooms suitable for maximizing earnings.
buyer: Zucchetti Group SPA
Zucchetti Group is one of the most important Italian companies in the IT sector. Zucchetti offers a range of products that is unmatched in Italy and Europe, allowing customers to gain major competitive advantages and to rely on a single partner for all their IT needs. "
target parent: LVenture Group
target: Lybra.Tech Slr
LybraTech provides software based on artificial intelligence to allow hotels to identify the sale price of the rooms suitable for maximizing earnings. Thanks to its proprietary technology, it is able to adjust prices dynamically and in real time, allowing hotels to maximize revenues.
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closed 12/13/2017 via BNC Analysis

Dylog Italia Spa, acquired Octorate

synopsis: Dylog Italia Spa, a company that develops and markets management software, has acquired Octorate from P101, a venture capital firm. Octorate is a provider of an all-in-one hotel software solution suite. Their cloud-based solution includes a project management system, channel manager, booking engine, and other features that help save time and money.
buyer: Dylog Italia Spa
Dylog Italia Spa engineers, develops and markets management software and services for companies and professionals. The company provides their software and services to a wide variety of industries, including food, fashion, trucking, plumbing and heating, automotive, hospitality, and more. "
target parent: P101
target: Octorate
Octorate is a provider of an all-in-one hotel software solution suite. Their cloud-based solution includes a project management system, channel manager, booking engine, and other features that help hoteliers save time, effort, and money.
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closed 4/5/2017 via BNC Analysis

AccorHotels, acquired Availpro S.A

synopsis: AccorHotels, a French hotel group, has acquired Availpro, a European leader in providing digital services to independent hotels. They develop a suite of e-booking software solutions for hotels and aim at contributing to the hoteliers'​ growth by increasing their online distribution.
buyer: AccorHotels (ENXTPA:AC:$2,283.39)
AccorHotels formerly known as Accor S.A. is a French hotel group. Headquartered in Paris, France, the group owns, operates and franchises 3,700 hotels on 5 continents representing several diverse brands, from budget and economy lodgings to luxurious accommodations in exotic locales. "
target: Availpro S.A
Founded in 2001, Availpro is a leading technology provider to the global hospitality industry. Its mission aims at contributing to the hoteliers'​ growth by increasing their online distribution, whether through direct room selling on their own website or other digital channels.
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closed 9/14/2016 via BNC Analysis

Seekda GmbH, acquired Regatta Travel Solutions

synopsis: Regatta Travel Solutions announced that it has been acquired by Seekda. Terms of the deal were undisclosed. Together, the two companies will focus on increasing direct booking volume for hotels through optimized meta-search and a powerful hotel booking engine.
buyer: Seekda GmbH
Seekda enables hotels to generate incremental demand and manage revenue more effectively by optimizing distribution and marketing budgets with direct booking solutions, metasearch engines, marketplaces and online travel agencies. "
target: Regatta Travel Solutions
Regatta Travel Solutions enables hotels to increase direct bookings at a lower cost while improving the online booking experience for their guests. The company’s booking engine technology is unrivaled in the industry.
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closed 1/27/2020 via GlobeNewswire

Stingray Digital Media Group, acquired Chatter Research

synopsis: Stingray, a leading music, media, and technology company, is acquiring Chatter Research, a Toronto-based leader in the design, development, and implementation of AI driven real-time customer feedback solutions for retail and hospitality businesses. The company’s combination of free-text chats and machine learning captures unique customer insights.
buyer: Stingray Digital Media Group (TSX:RAY.A:$211.31)
Montreal-based Stingray is a leading music, media, and technology company with over 1,200 employees worldwide. Stingray is a premium provider of curated direct-to-consumer and B2B services, including audio television channels, 101 radio stations, digital signage, in-store music, and more. "
target: Chatter Research
Chatter Research is a Toronto-based leader in the design, development, and implementation of AI driven real-time customer feedback solutions for retail and hospitality businesses. The company’s combination of free-text chats and machine learning captures unique customer insights.
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closed 2/6/2019 via PR Newswire

Travel Tripper, LLC, acquired Pegasus Solutions Inc.

synopsis: Travel Tripper and Pegasus, two leading hospitality technology providers, are joining forces to deliver greater value and innovation to hotel groups worldwide. Pegasus is a leading global technology provider empowering independent hotels, hotel groups and large chains to grow their reservations businesses in a digital world.
buyer: Travel Tripper, LLC
Travel Tripper is a hotel tech provider and strategic digital partner helping hotels worldwide to optimize their direct booking channel and maximize overall revenue. "
target: Pegasus Solutions Inc.
Pegasus is a leading global technology provider empowering independent hotels, hotel groups and large chains to grow their reservations businesses in a digital world. The company provides a comprehensive offering of cloud-based Software-as-a-Service (SaaS) solutions and services.
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closed 11/15/2017 via Company Press Release

Inflexion Private Equity Partners LLP, acquired ATCORE Technology Ltd.

synopsis: Inflexion Private Equity announces that funds managed by Inflexion have acquired ATCORE Group, a leading travel technology company which provides specialist software platforms for the global leisure travel sector.
buyer: Inflexion Private Equity Partners LLP
Inflexion is one of the UK’s leading independent mid-market private equity houses, investing in high growth, entrepreneurial businesses with ambitious management teams and working with them to deliver growth. "
target parent: LDC Limited
target: ATCORE Technology Ltd.
Atcore Technology provides reservation & e-commerce platforms for the leisure travel industry. Their sector-specific platforms combine tailored optimisation and expertise with the solid foundation of shared, proven technology for Tour, Specialists, Holiday Parks, Cruise and Ferry operators.
price ($mm)
rev ($mm)
$34
EBITDA ($mm)
EV / rev
0.0x
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announced 10/24/2018 via Company Press Release

MCI Capital S.A., will acquire IdoSell

synopsis: MCI has signed an agreement to acquire 51% of the shares of IdoSell. IdoSell offers IdoSell Shop and IdoSell Booking, e-commerce and e-travel software in a SaaS model, enhanced with a comprehensive array of services dedicated to online stores and accommodation bookings. 
buyer: MCI Capital S.A. (WSE:MCI:$38.71)
MCI, founded in 1999, is one of the most dynamic private equity groups in Emerging Europe. With the use of PE/VC funds, MCI implements early stage, growth stage and expansion/buy-out stage investments in CEE Region, and in selected countries from Western Europe. "
target: IdoSell
IdoSell offers two Software-as-a-Service platforms: IdoSell Shop and IdoSell Booking. IdoSell Shop allows online stores to benefit from constantly updated e-commerce tools. IdoSell Booking allows hotels, guesthouses, apartment owners and others to professionalize their business operations.
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closed 10/9/2020 via BNC Analysis

TravelNet Solutions, acquired Gueststream

synopsis: TravelNet Solutions, a provider of software and marketing solutions for the hospitality industry, has acquired Guestream, a provider of vacation rental marketing and software solutions. Gueststream's platform enables companies to build webpages and booking systems using data from their PMS. They also offer SEO and web development services.
buyer: TravelNet Solutions
TravelNet Solutions is a leading provider of integrated software and marketing solutions for the hospitality industry. TravelNet's mission is to transform how hospitality works. They offer solutions and services for property management, CRM, call centers, e-commerce, and digital marketing. "
target: Gueststream
Gueststream is a provider of vacation rental marketing and software solutions. Gueststream's leading Vacation Rental Platform enables companies to build webpages and booking systems using data from their property management system. They also offer SEO, PPC marketing, and web development services.
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closed 7/11/2018 via BNC Analysis

OYO Rooms, acquired AblePlus

synopsis: Budget hospitality chain OYO has bought Mumbai-based Internet of Things (IoT) technology company AblePlus Solutions Pvt. Ltd to bolster its technology portfolio. AblePlus was founded in 2016 by Akash Goel and Bonish Gandhi and has created and deployed a slew of solutions such as internet-managed smart access control for properties.
buyer: OYO Rooms
OYO is a technology driven chain of standardized budget hotels in 200+ Indian cities and over 7000 hotels. It ushered disruption in the Indian hospitality industry by through technology and standardization in the budget hotel segment, unlocking a huge market opportunity. "
target: AblePlus
AblePlus was founded in 2016 by Akash Goel and Bonish Gandhi. It develops IoT systems for the hospitality industry. The startup has created and deployed a slew of solutions such as internet-managed smart access control for properties, remote monitoring and control of utilities and more.
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closed 12/13/2011 via PR Newswire

ezRez Software, Inc., acquired Topguest

synopsis: ezRez Software, Inc. announced that it has acquired Topguest, a San Francisco-based startup company providing loyalty and social network engagement products to travel companies. Topguest enables members of leading travel loyalty programs to earn reward points for geo-located check-ins via their mobile devices.
buyer: ezRez Software, Inc.
ezRez Software is a B2B SaaS provider that allows partners to sell travel products anywhere in the world. Its clients are large airlines, hotel companies, travel agencies and financial institutions seeking to increase revenue and customer satisfaction. "
target: Topguest
Topguest is a technology company that translates social media activity by loyalty program members into incremental engagement and transaction opportunities. The Topguest platform seamlessly connects client loyalty programs with top social media services.
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closed 5/11/2022 via PR Web

Black Box Intelligence, acquired AreTheyHappy

synopsis: Black Box Intelligence, a performance benchmarking provider for the restaurant industry, has acquired AreTheyHappy, a customer experience and brand reputation management platform for restaurant and hospitality organizations. Their online platform allows businesses to monitor online reviews, manage social media and analyze customer feedback.
buyer parent: Diversis Capital
buyer: Black Box Intelligence
Black Box Intelligence is the leading data and insights provider of workforce, guest, consumer, and financial performance benchmarks for the restaurant industry. The Black Box Intelligence product suite is the industry standard for operators seeking to achieve best-in-class performance results. "
target: AreTheyHappy
Based in Belgium, AreTheyHappy is a customer experience and brand reputation management platform for restaurant and hospitality organizations. AreTheyHappy is an online platform that allows businesses to monitor online reviews, manage social media and analyze customer feedback.
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closed 9/9/2022 via PR Newswire

TripAdd LLC, acquired Eddy Travels Inc.

synopsis: TripAdd, an ancillary service provider within the Blue Ribbon Bags Group, completed its multi-million dollar acquisition of Eddy Travels. Eddy Travels is an AI travel assistant that helps people find the best flight and accommodation offers in seconds.
buyer parent: Blue Ribbon Bags
buyer: TripAdd LLC
TripAdd is a digital marketplace for all things travel. TripAdd sources thousands of offers from some of the world's largest travel companies. Based on the customers trip details TripAdd selects the best product offers and combines them into personalized discounted travel bundles. "
target: Eddy Travels Inc.
Eddy Travels is an AI travel assistant that helps people find the best flight and accommodation offers in seconds. It is powered by a custom natural language processing system that makes interacting with the digital assistant as simple as chatting with a friend.
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closed 6/2/2014 via Company Press Release

Northstar Travel Media, LLC, acquired Inntopia

synopsis: Northstar Travel Media, the leading business-to-business information company serving the travel and meetings industries, acquired a majority interest in Inntopia, the leading advanced platform for the destination travel industry, powering destination resorts, ski resorts, tour operators and travel suppliers.
buyer parent: Wicks Group of Companies
buyer: Northstar Travel Media, LLC
Northstar Travel Media is the leading business information and marketing solutions provider to the U.S. travel, tourism and meetings industries. It offers unparalleled depth of information and services to clients in the travel industry. "
target: Inntopia
Inntopia is the leading advanced platform for the destination travel industry, powering destination resorts, ski resorts, tour operators and travel suppliers. The Inntopia platform gives agents access to popular activities and attractions in these same destinations.
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closed 9/12/2006 via BusinessWire

Sterling Valley Systems Inc merged with VRGateway,

synopsis: VRGateway, the Web's first "Super Search" site providing direct connectivity between consumers professionally managed vacation rental properties, and Sterling Valley Systems, Inc., operators of Inntopia, provider of travel technology and services to resorts, and destination marketing organizations announced a merger of the two organizations.
buyer: VRGateway
VRGateway is the Web's first "Super Search" site providing direct connectivity between consumers and hundreds of thousands of professionally managed vacation rental properties. Proprietary technology allows most widely-used reservation management systems to interface directly with VRGateway. "
target: Sterling Valley Systems Inc
Inntopia is an innovative travel technology company that provides its partners with fully integrated reservation solutions including a robust and flexible central reservation system and a dynamic packaging and pricing booking engine.
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closed 5/19/2022 via PR Newswire

Source Capital, LLC, acquired Kitchen Brains

synopsis: Kitchen Brains®, a leading designer and manufacturer of fully integrated smart cooking computers, electronic controls and software solutions for commercial foodservice operations, is pleased to announce that Source Capital, LLC, a private equity firm, has acquired the Company.
buyer: Source Capital, LLC
Source Capital, LLC is a private investment firm that invests in mature, lower middle-market companies across a range of industries. Source Capital's investment strategy targets growing companies with greater than $2 million in EBITDA seeking a growth-oriented partner. "
target: Kitchen Brains
Kitchen Brains' brands, including (FAST.)®, Modularm® and QPM, feature a growing number of products that incorporate KBconnectTM IoT/cloud connectivity, and can be found globally in leading QSRs, casual and fine dining restaurants, convenience and grocery stores, schools, and other facilities.
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closed 3/15/2022 via BNC Analysis

Flight Centre Travel Group Limited, acquired TPConnects

synopsis: Flight Centre Travel Group (FLT) has taken a majority stake in Dubai-based travel technology firm TPConnects Technologies to allow it to offer a wider choice of airfares to clients. FLT, the Australia-based travel company, has raised its shareholding in TPConnects from 22.5 per cent to 70 per cent following the deal.
buyer: Flight Centre Travel Group Limited (ASX:FLT:$400.54)
Australia-based The Flight Centre Travel Group Limited (FLT) is one of the world’s largest travel groups with a vast leisure and corporate travel sales network. The company has over 30 brands, including the flagship Flight Centre leisure travel brand and Liberty, the iconic US travel agency group. "
target: TPConnects
TPConnects is a Dubai-based travel technology firm. TPConnects is a software-as-a-service (SaaS) specialist which aggregates airline content from multiple sources, including GDSs, low-cost carriers and the growing number of NDC-enabled booking channels.
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closed 8/9/2022 via BusinessWire

PAR Technology Corporation, acquired MENU Technologies AG

synopsis: ParTech, Inc., a global restaurant technology company and provider of unified commerce for enterprise restaurants, announced the acquisition of MENU Technologies AG, a fast growing, omnichannel ordering solution for international restaurant brands.
buyer: PAR Technology Corporation (PAR:$180.96)
PAR Technology Corporation through its wholly owned subsidiary ParTech, Inc., is a customer success-driven, global technology company with over 100,000 restaurants in more than 110 countries using its point-of-sale hardware and SaaS software. "
target: MENU Technologies AG
MENU is a market-leading eCommerce platform for global restaurant brands, powering all digital customer touchpoints from mobile, web, kiosk to delivery marketplaces.
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closed 11/17/2022 via Company Press Release

SHR, Sceptre Hospitality Resources, acquired Avvio

synopsis: Irish hotel tech pioneer Avvio is joining forces with US private equity backed Sceptre Hospitality Resources (SHR). Headquartered in Limerick, Ireland, and founded in 2002 Avvio has been a pioneer in hotel technology for 20 years. In 2017 it launched the world’s first AI powered booking engine, allora.ai.
buyer parent: Serent Capital
buyer: SHR, Sceptre Hospitality Resources
Headquartered in Houston, Texas, SHR is a revenue generating platform that helps hotels execute their best revenue generation strategies through its tightly integrated central reservation (CRS), customer relationship management (CRM), and revenue management (RMS) systems. "
target: Avvio
Headquartered in Ireland, and founded in 2002, Avvio has been a pioneer in hotel technology for 20 years. In 2017 it launched the world’s first AI powered booking engine, allora.ai, which provides technology to over 500 hotels around the world and powers over £400m in transactions every year.
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closed 11/17/2022 via Company Press Release

SHR, Sceptre Hospitality Resources, acquired Avvio

synopsis: Irish hotel tech pioneer Avvio is joining forces with US private equity backed Sceptre Hospitality Resources (SHR). Headquartered in Limerick, Ireland, and founded in 2002 Avvio has been a pioneer in hotel technology for 20 years. In 2017 it launched the world’s first AI powered booking engine, allora.ai.
buyer parent: Serent Capital
buyer: SHR, Sceptre Hospitality Resources
Headquartered in Houston, Texas, SHR is a revenue generating platform that helps hotels execute their best revenue generation strategies through its tightly integrated central reservation (CRS), customer relationship management (CRM), and revenue management (RMS) systems. "
target: Avvio
Headquartered in Ireland, and founded in 2002, Avvio has been a pioneer in hotel technology for 20 years. In 2017 it launched the world’s first AI powered booking engine, allora.ai, which provides technology to over 500 hotels around the world and powers over £400m in transactions every year.
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closed 8/3/2022 via BNC Analysis

Cendyn Corp., acquired digitalhotelier

synopsis: Cendyn, a leading provider of hospitality software, has acquired digitalhotelier, a global provider of hotel solutions. digitalhotelier provides cloud-based data intelligence, booking, and guest management solutions that help hoteliers get more direct bookings. They also offer services for digital marketing, web design, and more.
buyer: Cendyn Corp.
Cendyn is a cloud-based software and services provider that develops integrated technology platforms for driving sales and marketing performance in the travel and hospitality industry. The Cendyn Hospitality Cloud offers software and services for hotel marketing, guest engagement, and group sales. "
target: digitalhotelier
digitalhotelier is a global provider of hotel solutions. digitalhotelier provides cloud-based data intelligence, booking, and guest management solutions that help hoteliers get more direct bookings. They also offer services for digital marketing, web design, and more.
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closed 4/18/2016 via Company Press Release

Jonas Software, acquired Multi-Systems, Inc.

synopsis: Jonas Software has announced the acquisition of Multi-Systems Inc. ("MSI"), a leading provider of Property Management Software and solutions to the North American Hotel industry. With the acquisition of MSI, Jonas Software now boasts over 50 independently operating brands within 17 different markets.
buyer parent: Constellation Software, Inc.
buyer: Jonas Software
Jonas Software operates over 50 independently managed software companies around the world, providing them with strategic guidance and financial security. They supply industry leading enterprise management software and related services to 17 vertical markets. "
target: Multi-Systems, Inc.
Multi-Systems, Inc. (MSI) is a leading cloud services technology company delivering hotel property technology and guest management solutions. Having installed over 5,800 hotels and resorts throughout North America, they are one of the largest providers of fully integrated guest management systems.
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closed 10/28/2015 via PE Hub

Travelclick, Inc., acquired ZDirect

synopsis: TravelClick, a global provider of innovative cloud-based, revenue-generating solutions for the hospitality industry, announced that it has acquired ZDirect, a leading customer relationship management (CRM) platform in the hospitality sector.
buyer parent: Thoma Bravo, LLC
buyer: Travelclick, Inc.
TravelClick provides innovative cloud-based solutions for hotels around the globe to grow their revenue, reduce costs and improve performance. TravelClick offers hotels world-class reservation solutions, business intelligence products, and comprehensive media and marketing solutions. "
target: ZDirect
ZDirect is a leading customer relationship management (CRM) platform in the hospitality sector. ZDirect’s hosted, on-demand eCRM tool is used by 1,500 independent and group hotels worldwide.
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announced 8/23/2022 via PR Newswire

SiteMinder Pty Ltd., will acquire GuestJoy

synopsis: SiteMinder, the world's leading open hotel commerce platform, will acquire GuestJoy, a hospitality CRM solution in Estonia. GuestJoy helps hoteliers to seamlessly digitise, personalise and automate their guest engagement. Their cloud solution enables users to improve guest experiences and convert them into future reservations.
buyer: SiteMinder Pty Ltd.
SiteMinder is the world's leading open hotel commerce platform. SiteMinder offers a cloud platform that allows hoteliers to effectively market and sell their rooms over the web through their own website as well as through many other global online booking sites. "
target: GuestJoy
GuestJoy is a hospitality CRM solution in Estonia. GuestJoy helps hoteliers to seamlessly digitise, personalise and automate their guest engagement throughout the entire guest journey. Their cloud solution enables users to improve guest experiences and convert them into future reservations.
price ($mm)
$3.84
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closed 7/14/2021 via Company Press Release

Alpine SG, acquired ALICE

synopsis: ASG, a portfolio company of Alpine Investors that buys, builds and operates vertical SaaS companies, announced that it has acquired hotel operations management platform ALICE from Expedia Group. ALICE is the leading all-in-one hospitality operations platform that enables hotel staff to do their most impactful work without all the guesswork.
buyer parent: Alpine Investors, LP
buyer: Alpine SG
ASG is a group of market-leading vertical SaaS companies, backed by Alpine Investors and operated by world-class PeopleFirst™ leaders. ASG believes deeply in the power of people and data to grow great organizations. "
target parent: Expedia, Inc.
target: ALICE
ALICE is the leading all-in-one hospitality operations platform that enables hotel staff to do their most impactful work without all the guesswork. Alice provides tools for Guest Service, Housekeeping, Maintenance, and Service Delivery with a focus on accountability and efficiency.
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closed 11/9/2020 via BNC Analysis

Arribatec AS, acquired Facil

synopsis: Arribatec Solutions ASA, a Nordic provider of integrated digital business solutions, has acquired Facil AS, a cloud based platform in Norway that enables hotels to instantly become digital. Facil's platform enables guests to check-in, check-out, access their rooms and order hotel services without needing to contact reception.
buyer: Arribatec AS (OB:ARR:$0.00)
Arribatec is a software and consulting company headquartered in Oslo. With a customer centric engagement model, combined with a deep system, integration, and domain competence, Arribatec builds long term strategic partnership with a broad customer base. "
target: Facil
Facil is a cloud based platform in Norway that enables hotels to instantly become digital. Facil's platform enables guests to check-in, check-out, access their rooms and order hotel services without needing to contact reception. They offer self check-in and mobile app solutions.
price ($mm)
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$0
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0.0x
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closed 8/26/2020 via BNC Analysis

Xperium by RepUp merged with Hotelogix,

synopsis: Hotelogix has merged with RepUp, whose flagship product is Xperium. Xperium by RepUp is used by premium hotel brands such as Radisson and Marriott to optimise guest experience. Xperium's platform enables hyper-personalization to maximize revenue opportunities.
buyer: Hotelogix
Hotelogix cloud-based hotel management system comes with next-gen capabilities to help users automate and streamline daily operations, improve overall efficiency and maximize revenue. Hotelogix has earned the trust of hoteliers operating across 100+ countries. "
target: Xperium by RepUp
Xperium by RepUp is used by premium hotel brands such as Radisson and Marriott to optimise guest experience. From booking confirmations, to upsells and all the way through to driving positive online volumes, the platform enables hyper-personalization to maximize revenue opportunities.
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closed 9/19/2019 via Company Press Release

HRS Group, acquired Smarthotel

synopsis: The HRS Group, the world's leading corporate travel outsourcing provider, has acquired Smarthotel, a web-based solution that speeds up the hotel check-in/out experience. Smarthotel allows business travelers to check-in/out online, pay via their mobile devices and automate expensing.
buyer: HRS Group
The HRS Group is the world's leading corporate travel outsourcing provider. With its HRS Global Hotel Solutions brand, HRS is one of the market leaders in the global business travel market and one of the top three hotel portals in Europe. "
target: Smarthotel
Smarthotel is a web-based solution that speeds up the hotel check-in/out experience. Smarthotel removes the pain points of business travelers, corporates and hotels. Their solution allows business travelers to check-in/out online, pay via their mobile devices and automate expensing.
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closed 4/10/2019 via BNC Analysis

True Corporation Public Company Limited, acquired Crave Interactive Ltd.

synopsis: True Corporation, a Thai telecommunications provider, has acquired a majority stake in Crave Interactive, a world leading developer of cloud-based solutions for hotels. Crave offers solutions for food ordering, digital concierge, entertainment and automation via proprietary in-room tablets.
buyer: True Corporation Public Company Limited (SET:TRUE:$4,641.29)
True Corporation is a Thai telecommunications provider. True offers an unrivalled selection of integrated communications services and solutions to private and business customers. They offer fixed-line phone, cable TV, internet, and mobile services. "
target: Crave Interactive Ltd.
Crave Interactive is a world leading developer of cloud-based solutions for hotels. Crave offers solutions for food ordering, digital concierge, entertainment and automation via proprietary in-room tablets. Their Crave Cloud platform allows hotels to easily manage services provided to their guests.
price ($mm)
$25*
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closed 1/12/2017 via PR Web

Maestro Property Management System, purchased Guest Feedback Software from Navicom Inc.

synopsis: Maestro PMS announced it entered into a definitive agreement to acquire the guest feedback software and service assets of Navicom Inc. Navicom’s widely installed online Guest Experience Measurement (GEM) system captures guest feedback and is a key tool for improving both operational and reputation management strategies.
buyer: Maestro Property Management System
Maestro is the preferred Property Management System of leading independent hotels, resorts and multi-property groups. With over 20 integrated modules on a single database, Maestro was developed from the ground up as a true enterprise hospitality system. "
seller: Navicom Inc.
Navicom’s widely installed online Guest Experience Measurement (GEM) system captures guest feedback and is a key tool for improving both operational and reputation management strategies.
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closed 12/12/2018 via PR Web

Obasa Hospitality, acquired IBC Hospitality Technologies

synopsis: OBASA Hospitality, the parent company to a collection of global hospitality brands, has announced the acquisition of IBC Hospitality Technologies. Phoenix-based IBC is the creator of an all-in-one software and services platform to help owners and operators of all accommodation verticals.
buyer: Obasa Hospitality
Based in Canada, OBASA Hospitality is a single source for innovative technologies and services for anyone seeking or selling accommodations in the online marketplace. The company consists of IBC Hospitality Technologies and MyKey. "
target parent: InnSuites Hospitality Trust
target: IBC Hospitality Technologies
IBC Hospitality Technologies is the leading provider of proprietary software and services. Travelers love the patent-pending loyalty program offering cash back, global e-gift cards and free nights on ivhtravel.com and the app IVHTravel which is “Revolutionary and enhances the travel experience”.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/21/2016 via Reuters

Intent Media, will acquire Voyat

synopsis: Intent Media, a privately held company that provides advertising tools for online travel agencies is buying software startup Voyat in a bid to take travel ad dollars from search giants such as Alphabet Inc's Google. Voyat is the technology company powering direct connections between hotels and customers online and on-property.
buyer: Intent Media
Intent Media operates the world’s most powerful platform for advertising on commerce sites. It helps online travel companies unlock their full revenue potential with innovative, high-margin advertising products powered by predictive analytics. "
target: Voyat
Voyat is the technology company powering direct connections between hotels and customers online and on-property to define a new tier in guest loyalty. Using Voyat’s lightweight platform, hotels can achieve true one-to-one relationships with their guest and present offers and guest loyalty rewards.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/16/2017 via Company Press Release

Shiji, acquired ReviewPro

synopsis: Shiji announced the acquisition of a majority stake in ReviewPro, the leading cloud-based data and analytics provider of Guest Intelligence solutions for hotels. Since signing its first clients in September 2009, ReviewPro has grown from a boot-strapped start-up to one of the fast-growing companies in the HotelTech space worldwide.
buyer: Shiji (SZSE:002153:$441.84)
Founded in 1998, Shiji’s aim is to become a “big data” application service platform operator. Shiji has become the leading manufacturer of Chinese hotel information systems. Shiji has also introduced consulting, IT solutions and data platform services. "
target parent: Active Venture Partners
target: ReviewPro
ReviewPro is the leading provider of Guest Intelligence solutions to independent hotel brands worldwide. Their suite of cloud-based solutions includes Online Reputation Management and Guest Satisfaction Surveys, which enable clients to obtain a deeper understanding of reputation performance.
price ($mm)
$21*
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/9/2014 via Company Press Release

Clarabridge, acquired Market Metrix LLC

synopsis: Clarabridge, Inc., the leading provider of intelligent Customer Experience Management (CEM) solutions for the world’s top brands, announced the acquisition of Market Metrix, the leading Enterprise Feedback Management (EFM) platform in the leisure and hospitality industries.
buyer: Clarabridge
Clarabridge is the leading provider of text mining software for customer experience management. The Clarabridge Content Mining Platform™ provides Global 1000 enterprises an analytical view of text-based verbatims found in consumer feedback channels such as call center notes and warranty forms. "
target: Market Metrix LLC
Market Metrix provides the only feedback management platform that maximizes every source of guest value: loyalty, referrals and reputation. Market Metrix works with over 14,000 hotels and casinos in more than 70 countries to collect guest feedback, and turn it into performance and results.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/13/2022 via Company Press Release

EpsilonNet, acquired BookOnlineNow

synopsis: EpsilonNet, a group of companies in Greece, has acquired a 55% stake in BookOnlineNow, an online booking engine for hotels in Greece. BookOnlineNow helps businesses to convert more lookers into more direct bookings. Their platform features smart conversion tools, intuitive analytics, and loyalty management solutions.
buyer: EpsilonNet (ATSE:EPSIL:$50.54)
EpsilonNet is a group of companies in Greece engaged in business software, digital content, and vocational education. EpsilonNet offers accounting, tax, and payroll software solutions. EpsilonNet Training provides vocational education for executives, economists, finance managers, and accountants. "
target: BookOnlineNow
BookOnlineNow is an online booking engine for hotels in Greece. BookOnlineNow provides a flexible booking engine that is designed to help businesses convert more lookers into more direct bookings. Their platform features smart conversion tools, intuitive analytics, and loyalty management solutions.
price ($mm)
$0.22*
rev ($mm)
$0
EBITDA ($mm)
EV / rev
1.2x
EV / EBITDA
closed 3/16/2022 via BNC Analysis

Nonius, acquired Criton

synopsis: Nonius, a hospitality tech company in Portugal, has acquired Criton, the largest provider of guest apps for independent hotels in the UK. Criton helps hotels to enhance the guest experience and drive operational efficiency. Their technology enables hotels to digitise their guest information and wrap all-guest facing technology into a branded app.
buyer: Nonius
Nonius is a hospitality tech company in Portugal. Nonius provides complete guest technology solutions for a contactless digital guest journey. They offer solutions for marketing, CRM, branded mobile apps, Wi-Fi, digital signage, and more. "
target: Criton
Criton is the largest provider of guest apps for independent hotels in the UK. Criton helps hotels to enhance the guest experience and drive operational efficiency. Their technology enables hotels to digitise their guest information and wrap all-guest facing technology into a branded app.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/4/2022 via BNC Analysis

Mr Yum, acquired Sprout Pty Ltd

synopsis: Mobile ordering and payments company Mr Yum has acquired leading hospitality Customer Relationship Management (CRM) and marketing company Sprout. Sprout is the leading CRM and marketing platform for hospitality venues with brands using the company’s technology in thousands of locations across the UK, Australia and the US.
buyer: Mr Yum
Mr Yum is the global market leader in mobile ordering and payments for restaurants and entertainment venues, with offices across Australia, the UK and the US. Mr Yum has teams in London, Sydney, Brisbane and its Melbourne headquarters. "
target: Sprout Pty Ltd
Sprout is the leading CRM and marketing platform for hospitality venues with brands including Nando’s, Shake Shack and Accor Hotels using the company’s technology in thousands of locations across the UK, Australia and US.
price ($mm)
rev ($mm)
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EV / rev
EV / EBITDA
announced 11/3/2021 via PR Newswire

Cendyn Corp. will be merged with Pegasus Solutions Inc.,

synopsis: Cendyn, the leading provider of cloud-based software and eCommerce services for the hospitality industry, has entered into a merger agreement with Pegasus, a leading provider of revenue and distribution solutions for the hospitality industry.
buyer: Pegasus Solutions Inc.
Pegasus is a leading global technology provider empowering independent hotels, hotel groups and large chains to grow their reservations businesses in a digital world. The company provides a comprehensive offering of cloud-based Software-as-a-Service (SaaS) solutions and services. "
target: Cendyn Corp.
Cendyn is a cloud-based software and services provider that develops integrated technology platforms for driving sales and marketing performance in the travel and hospitality industry. The Cendyn Hospitality Cloud offers software and services for hotel marketing, guest engagement, and group sales.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/13/2021 via BNC Analysis

MariApps, acquired Rescompany

synopsis: MariApps Marine Solutions, a maritime digital solutions company based in Singapore, has acquired Rescompany Systems Ltd, a UK-based provider of hospitality software solutions for the leisure travel industry. Rescompany offers solutions for reservation systems, CRM, POS, and ship management.
buyer parent: Schulte Group
buyer: MariApps
MariApps is a maritime digital solutions company based in Singapore. MariApps' flagship product, smartPAL, is a business process management solution that allows users to manage numerous business functions on a single platform. They also offer solutions for fleet management, eCommerce, and more. "
target: Rescompany
Rescompany is a UK-based provider of hospitality software solutions for the leisure travel industry. Rescompany provides core software solutions that powers the business of modern cruising. They offer solutions for reservation systems, CRM, POS, and ship management.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/11/2019 via Company Press Release

Jonas Software, acquired Green 4 Solutions

synopsis: Jonas Software is pleased to announce the acquisition of Green 4 Solutions Ltd., a leading provider of CRM, ticketing and data driven marketing solutions to both the sport and recreational leisure sectors. Green 4 specialises in providing sports and leisure businesses with a CRM driven approach to ticketing and customer engagement. 
buyer parent: Constellation Software, Inc.
buyer: Jonas Software
Jonas Software operates independently managed software brands around the world, providing them with the strategic guidance and financial security required to be leaders in their respective markets. They supply industry leading enterprise management software & related services to 20 vertical markets."
target: Green 4 Solutions
Green 4 specialises in providing sports and leisure businesses with a CRM driven approach to ticketing and customer engagement. Built on Microsoft Dynamics CRM, “Go” is a single platform solution that helps organisations create fantastic relationships with their customers.
price ($mm)
rev ($mm)
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EV / rev
EV / EBITDA

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OrderYOYO
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Ailleron S.A.
Ailleron S.A.
Ailleron is a Polish technology company that delivers innovative solutions. Ailleron's flagship products include iLumio; a state-of-the-art system the provides hotel services at every stage of a guest's stay, and Livebank; a virtual bank branch solution that lets banks better engage with customers.
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Points International Ltd.
Points International Ltd.
Points helps make the world’s loyalty programs more valuable and engaging. They work with the world’s largest airline, hotel, retail and financial loyalty programs, building software and SaaS products that monetize their loyalty currencies and keep their members engaged.
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Ticker: AGYS
 
 
 
 
 
 
 
 
Agilysys, Inc.
Agilysys, Inc.
Agilysys is a leading developer and marketer of proprietary enterprise software, services and solutions to the hospitality and retail industries. The Company specializes in market-leading point-of-sale, property management, inventory and procurement, and mobile and wireless solutions.
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