Agilysys Acquires Book4Time For ~$150M
Portfolio Pulse from Benzinga Newsdesk
Agilysys has acquired Book4Time for approximately $150 million. This acquisition aims to extend Agilysys's global presence, consolidate its market leadership in spa management software, and create further subscription revenue growth opportunities.
August 20, 2024 | 8:31 pm
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Agilysys's acquisition of Book4Time for $150 million is expected to enhance its global presence and strengthen its market leadership in spa management software, potentially driving subscription revenue growth.
The acquisition of Book4Time by Agilysys is a strategic move to expand its market reach and strengthen its position in the spa management software sector. This is likely to result in increased subscription revenues, positively impacting AGYS's stock price in the short term.
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