Add-on Acquisition • Internet Software and Services

Cendyn Acquires Ovations Management Solutions

On May 21, 2015, Cendyn acquired internet software and services company Ovations Management Solutions

Acquisition Context
  • This is Cendyn’s 2nd transaction in the Internet Software and Services sector.
  • This is Cendyn’s 2nd transaction in the United States.
  • This is Cendyn’s 1st transaction in Georgia.

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M&A Deal Summary

Date May 21, 2015
Target Ovations Management Solutions
Sector Internet Software and Services
Buyer(s) Cendyn
Deal Type Add-on Acquisition

Target Company

Ovations Management Solutions

Atlanta, Georgia, United States
Ovations Management Solutions LLC is a online corporate ticket management company.
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Buyer Overview 1

Buyer

Cendyn

Boca Raton, Florida, United States

Category Company
Founded 1996
Sector Software
DESCRIPTION
Cendyn headquarters in Boca Raton, Florida.
Cendyn headquarters in Boca Raton, Florida.

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 the most complete set of innovative software and services in the industry, covering hotel marketing, guest engagement, group sales, and event management. Cendyn was founded in 1996 and is based in Boca Raton, Florida.


Deal Context for Buyer #
Overall 3 of 11
Sector: Internet Software and Services 2 of 6
Type: Add-on Acquisition 3 of 9
State: Georgia 1 of 2
Country: United States 2 of 6
Year: 2015 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-20 Cendyn Arcaneo

Toronto, Ontario, Canada

Cendyn Araceno is the developer of Metron, a solution that includes functionality for venue research, request-for-proposals management and meetings payment management.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-29 Guestfolio Communications

Whistler, British Columbia, Canada

Guestfolio Communications Ltd. is the hotel marketing platform for boutique hotels that drives guest engagement, retention and conversion throughout the travel journey. With the guest profile at the heart of what Guestfolio does, independent hoteliers have the opportunity to personalize the travel experience for their guests, gain insights on their guests and use tools that build lasting brand loyalty and encourage increased conversions from OTAs to direct bookings.

Buy -