- Cendyn has been an Accel-KKR company since 2016
- It is a provider of technology solutions for hoteliers around the globe
- Digitalhotelier is a provider of integrated distribution, design, development and data intelligence solutions for hotels
Accel-KKR-backed Cendyn announced the purchase of Digitalhotelier on Wednesday. Digitalhotelier is a London-based provider of digital solutions for hotels including integrated distribution, design, development and data intelligence solutions.
Boca Raton, Florida-headquartered Cendyn is a provider of technology solutions for hoteliers across the globe. It has been a portfolio company of Menlo Park, California-headquartered Accel-KKR since 2016.
Accel-KKR is a technology investment firm with $14 billion in capital commitments. It has completed over 300 investments and has an aggregate portfolio revenue of $3.2 billion.
“Our mission at Cendyn is to provide hoteliers around the globe with innovative technology solutions that enable deeper, more profitable guest relationships by empowering hotel staff with the data they need at every touchpoint in the guest journey,” said Tim Sullivan, CEO and president at Cendyn. “This acquisition enables us to double-down on that mission at a time when hoteliers are being forced to do more with less. We are excited to be working with the entire talented Digitalhotelier team to rapidly integrate the companies and technology, so we can continue to grow the combined business together.”
Cendyn and Digitalhotelier want to provide a data-driven approach to demand generation and will look to offer technology-enabled solutions for the hospitality industry. Cendyn will expand its distribution and eCommerce capabilities globally off via the acquisition.