Announced

PSG-backed MAPAL Software to acquire Flow Hospitality Training.

Synopsis

Providence Strategic Growth-backed MAPAL Software, a developer and supplier of workforce management and business analytics software, agreed to acquire Flow Hospitality Training, a provider of learning management system. Financial terms were not disclosed. "We are confident that this combination with MAPAL – supported by the team at PSG – will enable the business to make an even greater impact going forward and Ruth and I have decided that now is the right time to transition the stewardship of Flow to new investors. We are excited for what the future holds – and we believe that Jorge, with the support of our current management team, is the ideal leader to help Flow and MAPAL transition to this next chapter,” David Wither, Flow Co-Founder.

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