The Access Group acquires Sceptre Hospitality Resources (SHR) to expand its presence in the hospitality technology market
Acquiring Company
The Access Group
Acquired Company
SHR Group
Leicestershire
HoustonInformation TechnologyProfessional ServicesSoftwarePrivacy And SecuritySoftwareHospitalityDescription
Serent Capital, a growth-focused private equity firm, announced that its portfolio company, Sceptre Hospitality Resources (SHR), has been acquired by The Access Group. This acquisition will enable The Access Group to further solidify its position in the hospitality technology market and expand its offerings to small and mid-sized organizations.
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Who acquired SHR Group?
SHR Group was acquired by The Access Group, based in Leicestershire. The deal was reported on June 6, 2024. The Access Group is one of the largest UK headquartered providers of business management software to mid-sized organisations in the UK, Ireland, and Asia Pacific. The Access Group is privately held and operates in Information Technology.
When did The Access Group acquire SHR Group?
The Access Group's acquisition of SHR Group was reported on June 6, 2024. Serent Capital, a growth-focused private equity firm, announced that its portfolio company, Sceptre Hospitality Resources (SHR), has been acquired by The Access Group. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does SHR Group do?
Founded in 2012, Sceptre Hospitality Resources (SHR) is a leading provider of technology solutions for the hotel sector, offering a central reservation system, revenue management tools, and guest experience enhancement products. It is privately held, operating in Software, and is based in Houston.
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