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Cendyn completes acquisition of Knowland and partners with Haveli Investments

Oct 02, 2024

Acquiring Company

Cendyn

Acquired Company

Knowland

Boca RatonArlingtonSaaSAnalyticsEventsHospitalityEvent Management

Description

Cendyn, a global hospitality cloud-based technology company, has successfully completed the acquisition of Knowland. This strategic acquisition aims to enhance sales prospecting and drive greater bookings in the MICE (meetings, incentives, conferences, and events) space. Additionally, Cendyn has partnered with Haveli Investments, focusing on high-quality technology companies, to continue delivering innovation for the hospitality industry.

Quick answer

Cendyn is acquiring Knowland, announced October 2, 2024. Cendyn is based in Boca Raton, Florida, United States.

How much did Cendyn pay for Knowland?
The deal value was not disclosed.
What does Cendyn do?
Cendyn is a global hospitality cloud-based technology company that enables hotels to drive revenue, maximize profitability, and create deeper connections with guests through its integrated solutions.
Where are Cendyn and Knowland based?
Cendyn is based in Boca Raton, Florida, United States. Knowland is based in Arlington, Virginia, United States.
Who are the decision-makers at Cendyn?
Fundz holds 1 contact at Cendyn. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Cendyn

Location

Boca Raton, Florida, United States

About

Cendyn is a global hospitality cloud-based technology company that enables hotels to drive revenue, maximize profitability, and create deeper connections with guests through its integrated solutions. Serving hoteliers for nearly 30 years, Cendyn drives commercial success for hotels through its Find, Book, Grow promise: find the right guests; drive them to book direct, and grow loyalty and revenue across the spectrum of digital guest interactions. Cendyn has over 32,000 customers worldwide in more than 150 countries - including brands such as Outrigger Hospitality, Hyatt, IHG, Aman Resorts & Hotels, Relais & Châteaux, Highgate, TFE Hotels, Banyan Tree Hotels & Resorts, Coraltree Hospitality, and Onyx Hospitality Group - generating more than $20 billion in annual hotel revenue. The company supports its growing customer base from locations across the globe, including the United States, France, the United Kingdom, Singapore, Bangkok, and India.

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Frequently asked

Who acquired Knowland?

Knowland was acquired by Cendyn, based in Boca Raton. The deal was reported on October 2, 2024. Cendyn is a global hospitality cloud-based technology company that enables hotels to drive revenue, maximize profitability, and create deeper connections with guests through its integrated solutions. Cendyn is privately held and operates in SaaS.

When did Cendyn acquire Knowland?

Cendyn's acquisition of Knowland was reported on October 2, 2024. Cendyn, a global hospitality cloud-based technology company, has successfully completed the acquisition of Knowland. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Knowland do?

Knowland is the US-based leader in data-as-a-service intelligence on meetings and events for hospitality. It is privately held, operating in Events, and is based in Arlington.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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