Announced

Completed

Marlin completed the acquisition of a majority stake in Rydoo from Sodexo.

Synopsis

Marlin, a global investment firm , completed the acquisition of a majority stake in Rydoo, a global SaaS solution for managing expense reports and business travel, from Sodexo, a French food services and facilities management company. Financial terms were not disclosed. "Rydoo’s mission is to offer businesses the most user-friendly travel and expense solution, while maximizing simplicity, reliability and transparency in the travel and expense management process. With a strong history of supporting and transforming software businesses, Marlin is the optimal partner to support our strategic goals, and we are excited to leverage their deep domain expertise in expense management software to further grow our customer base," Sebastien Marchon, Rydoo CEO.

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