Alpine Investors-ASG completed the acquisition of ProfitSword.

Alpine Investors-ASG, a software business that buys, builds, and operates vertical SaaS companies, completed the acquisition of ProfitSword, a hotel property operations software that provides business intelligence and data management software for the hospitality industry. Financial terms were not disclosed. “We are incredibly excited and honored that ProfitSword chose ASG for their next chapter of growth. Tili, Mike and the entire ProfitSword team deeply understand their customer and have built an exceptional product that has proven mission critical to hotel properties during COVID. We look forward to further investing in ProfitSword and remain bullish about the future of hotel operations," Steve Reardon, ASG President.