M&A Deal Summary

SoftBrands Acquires Hotel Information Systems

On August 15, 2006, SoftBrands acquired information technology company Hotel Information Systems

Acquisition Highlights
  • This is SoftBrands’ 2nd transaction in the Information Technology sector.
  • This is SoftBrands’ 2nd transaction in the United States.
  • This is SoftBrands’ 2nd transaction in California.

M&A Deal Summary

Date 2006-08-15
Target Hotel Information Systems
Sector Information Technology
Buyer(s) SoftBrands
Deal Type Add-on Acquisition

Target

Hotel Information Systems

Lake Forest, California, United States
Hotel Information Systems, Inc. is a developer of epitome(TM) hotel property management systems and core central reservations system.

Search 177,729 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

SoftBrands

Minneapolis, Minnesota, United States

Category Company
Founded 2001
Sector Software
DESCRIPTION

SoftBrands and Infor have complementary businesses given our shared focus on the mid-market, our origins in manufacturing and our product offerings in hospitality. The SoftBrands and Infor partnership offers SoftBrands customers an expanded product portfolio, best-in-class point solutions and a forward-looking technology platform.


DEAL STATS #
Overall 2 of 2
Sector (Information Technology) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (California) 2 of 2
Country (United States) 2 of 2
Year (2006) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-08-15 MAI Systems

Lake Forest, California, United States

MAI Systems Corp. is a provider of IT services for hospital industry.

Buy -