Announced
Completed
Financials
Tags
Completed
hotel management software
Minority
Private Equity
Single Bidder
United States
Private
software development
Software
Domestic
Acquisition
Friendly
Synopsis
Cove Hill Partners, a long-term oriented investment firm, completed the investment in myDigitalOffice, a provider of software to hotel brands, operators, and owners. Financial terms were not disclosed. "Growing top line revenue while also optimizing the hotel’s bottom line is becoming increasingly difficult. Our customers rely on MDO to deliver their daily hotel performance data, and supporting documents, in a way that’s easily accessible and digestible, actionable, consistent, and accurate. Our tremendous growth, especially through a global pandemic, is a testament to our incredible people, customers, and partners," Ali Moloo, myDigitalOffice Founder and CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.