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Serent-Backed Revinate Announces Navis Acquisition

Jul 27, 2021over 4 years ago

Acquiring Company

Revinate, Inc.

Acquired Company

NAVIS

Palo Alto

Description

Revinate, a global leader in guest data management and marketing automation, announced it will acquire NAVIS, a leading provider of software and services to power reservation sales agents and marketing activities. Together, the companies will form one of the largest and most innovative providers of direct revenue-generating solutions in the industry, leveraging a robust guest data backbone to power strong direct booking conversion across both online and offline channels. The combined company will be called Revinate. Revinate's current investor, Serent Capital, will sponsor the acquisition and become Revinate's largest shareholder.

Company Information

Company

Revinate, Inc.

Location

2345 YALE STREET

Palo Alto, California, United States

About

Revinate is a global leader in guest data management and intelligence, bringing hotels closer to their guests. Founded in 2009, Revinate counts tens of thousands of the world's leading hotels as customers and has won numerous awards for its software as a service (SaaS) solutions, including 2019 and 2020 Top Rated Email Marketing and CRM Product by Hotel Tech Report. For more information, visit www.revinate.com.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed