JoAnn Kintzel Joins M3 as CEO Following Blackstone Acquisition
Portfolio Pulse from
JoAnn Kintzel has been appointed as the new CEO of M3, a cloud-based financial software platform for the hospitality industry, following its acquisition by Blackstone. Kintzel, a seasoned SaaS executive, will lead M3's expansion under Blackstone's majority ownership.
February 27, 2025 | 1:15 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Blackstone has acquired a majority stake in M3, appointing JoAnn Kintzel as CEO to drive the company's growth. This strategic move is expected to enhance M3's market position in the hospitality software sector.
The acquisition of M3 by Blackstone and the appointment of a new CEO with a strong track record in SaaS suggest a strategic move to enhance M3's growth. This is likely to positively impact Blackstone's portfolio, indicating a potential short-term positive effect on BX's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80