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BirchStreet Systems completes acquisition of ReactorNet Technologies to boost growth in the Select Service Hotel segment

PRIVATEMar 05, 2024

Acquiring Company

BirchStreet Systems

Acquired Company

ReactorNet Technologies

Las VegasSan AntonioSoftwareHospitalitySoftwareHospitalityAnalytics

Description

BirchStreet Systems, a leading global provider of enterprise procure-to-pay solutions for the hospitality sector, has successfully acquired ReactorNet Technologies. This strategic acquisition accelerates BirchStreet's growth within the select service segment of hotel management and enhances its ability to provide value to all its customers.

Quick answer

BirchStreet Systems is acquiring ReactorNet Technologies, announced March 5, 2024. BirchStreet Systems is based in Las Vegas, Nevada, United States.

How much did BirchStreet Systems pay for ReactorNet Technologies?
The deal value was not disclosed.
What does BirchStreet Systems do?
BirchStreet Systems is a leading global provider of enterprise procure-to-pay solutions for the hospitality sector.
Where are BirchStreet Systems and ReactorNet Technologies based?
BirchStreet Systems is based in Las Vegas, Nevada, United States. ReactorNet Technologies is based in San Antonio, Texas, United States.
Who are the decision-makers at BirchStreet Systems?
Fundz holds 1 contact at BirchStreet Systems. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Hospitality and Hospitality

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Company Information

Company

BirchStreet Systems

Location

Las Vegas, Nevada, United States

About

BirchStreet Systems is a leading global provider of enterprise procure-to-pay solutions for the hospitality sector. Founded in 2002, it offers a full suite of procurement applications, including eProcurement software, accounts payable automation, invoice management, inventory management, recipe management, supplier payments, and reporting and analytics.

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Frequently asked

Who acquired ReactorNet Technologies?

ReactorNet Technologies was acquired by BirchStreet Systems, based in Las Vegas. The deal was reported on March 5, 2024. BirchStreet Systems is a leading global provider of enterprise procure-to-pay solutions for the hospitality sector. BirchStreet Systems is privately held and operates in Software.

When did BirchStreet Systems acquire ReactorNet Technologies?

BirchStreet Systems's acquisition of ReactorNet Technologies was reported on March 5, 2024. BirchStreet Systems, a leading global provider of enterprise procure-to-pay solutions for the hospitality sector, has successfully acquired ReactorNet Technologies. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does ReactorNet Technologies do?

Founded in 2005, ReactorNet provides premier cloud-based Procure-to-Pay solutions for medium- to large-sized companies across several industries, including entertainment, hospitality and automotive. It is privately held, operating in Software, and is based in San Antonio.

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

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