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New Deal


Announced

Completed

Marlin Equity Partners has completed its acquisition of HotSchedules and Fourth.

Financials

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

Tags

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Natural

management solutions

United States

Management Consulting

Private

restaurant and hospitality

Acquisition

Completed

Private Equity

Single Bidder

Synopsis

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Marlin Equity Partners, a global investment firm, has completed its acquisition of HotSchedules and Fourth, two leading providers of workforce, inventory and operations management solutions to the global restaurant and hospitality industry. Financial terms were not disclosed. Marlin has merged the two companies to create the industry’s most comprehensive back-of-house software-as-a-service (SaaS) suite delivering a fully integrated inventory management, workforce management, payroll and intelligent cost-control operations platform. “We are excited to bring together two highly complementary industry leaders to create a global, end-to-end human capital management and operations platform focused on the hospitality sector. Our investment underscores our commitment to the hospitality management solutions market and the value that these institutions provide for their customers.” Doug Bayerd, Marlin principal.

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