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New Deal


Announced

Completed

Shiji Group completed the acquisition of StayNTouch.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Majority

Single Bidder

Friendly

United States

Completed

hotel property management system

Acquisition

Software

Synopsis

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Shiji Group, a hotel technology firm, completed the acquisition of StayNTouch, a provider of hotel property management systems. Financial terms were not disclosed. “Becoming part of the Shiji Group is exciting for us. Our incredible growth has been exciting but joining a larger group with local sales and support network globally means we can bring our technology to many more hotels while still remaining close to our clients. It’s a unique opportunity for any tech company like ours,” Jos Schaap, StayNTouch CEO and Founder.

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