Agilysys to Acquire Resort and Hotel Management Software Provider ResortSuite.

MANews-(C)2009-2021

US-based SaaS software solutions provider Agilysys, Inc. (NASDAQ: AGYS) has entered into a definitive agreement to acquire Canada-based property management solution provider ResortSuite, the company said.

Agilysys said the acquisition creates the opportunity to bring next generation SaaS solutions to ResortSuite customers who have been served well by a trusted partner for more than twenty years.

The combination will enable revenue synergies and delivery of integrated hotel property management and contactless capabilities to the global hospitality industry, the company said.

The transaction is expected to close the beginning of January 2022 for approximately USD 25m in an all-cash deal...

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