GrowthCurve acquires hospitality revenue management software provider Duetto [Yahoo! Finance]
Houlihan Lokey, Inc. Class A (HLI)
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Source: Yahoo! Finance
The financial terms of the transaction have not been disclosed. Duetto offers solutions that streamline hotel operations and optimise revenue. Its applications are claimed to be used by over 6,000 hotel and casino resort properties across more than 60 countries. The suite of applications provided by Duetto includes GameChanger for pricing, ScoreBoard for intelligent reporting, and BlockBuster for contracted business optimisation. Duetto CEO David Woolenberg stated that the acquisition is expected to boost the company's investments in innovative technology. The deal is also anticipated to enhance Duetto's capabilities to support customers and further accelerate expansion. David Woolenberg said: “With the strength of the Duetto brand, we are confident that, together with GrowthCurve, we will achieve our ambitious growth objectives and drive the future of hospitality tech.” GrowthCurve Capital is a private equity company that focuses on building businesses by leveraging data
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