Entry Hospitality, a part of the Entry Group, has at present introduced the acquisition of Guestline. The acquisition presents an thrilling alternative for Entry to develop the vary of merchandise it could possibly supply lodge operators, who will profit from a better vary of options that finest go well with their operational necessities.
Henry Seddon (MD of Entry Hospitality) commented on the acquisition: “We’re delighted so as to add Guestline to the Entry Group. In addition to enhancing our skill to serve lodge clients’ necessities by offering a tailor-made product that fulfils their operational wants, the acquisition will allow us to develop into new territories, given Guestline’s energy in European and worldwide markets.
We’ve got been significantly impressed with the energy and expertise of the Guestline administration workforce and stay up for welcoming our new colleagues into the Entry Group.”
“Guestline and Entry Group are a pure match, and we’re very excited to hitch the Group. The mixed group’s cloud software program answer will present essentially the most complete set of capabilities available in the market, making an actual distinction to hoteliers throughout the globe. We stay up for working collectively to develop additional into our present European and Asia Pacific markets, which provide vital development alternatives.” Commented Andrew McGregor, CEO of Guestline.
“The sale of Guestline marks the sixth exit achieved by the Riverside Europe workforce over the previous 18 months and once more demonstrates our skill to assist main mid-market companies by natural and inorganic development initiatives. Regardless of the challenges of Brexit and Covid-19, Guestline’s income and earnings greater than doubled throughout our funding interval,” mentioned Riverside Europe Managing Accomplice Karsten Langer.
About The Entry Group
The Entry Group is a UK -headquartered supplier of industry-leading enterprise administration software program to small and mid-sized organisations within the UK, Eire, the US and Asia Pacific. It helps greater than 75,000 clients throughout business and non-profit sectors develop into extra productive and environment friendly. Its modern Entry Workspace cloud options rework how enterprise software program is used, giving each worker the liberty to do extra of what’s vital to them. Based in 1991, The Entry Group employs roughly 6,300 folks. www.theaccessgroup.com
The Riverside Firm
The Riverside Firm is a worldwide personal fairness agency targeted on investing in rising companies valued at as much as $400 million. Since its founding in 1988, Riverside has made greater than 970 investments. The agency’s worldwide personal fairness and structured capital portfolios embody over 150 firms. Riverside Europe is an integral a part of the agency’s broad international community and has invested in Europe since 1989. Riverside believes a very international presence offers distinctive perception into native circumstances, tradition and enterprise practices, making workforce members higher traders and enterprise companions.
Sophie Cartwright
Advertising & Communications Supervisor
01743 282300
