Private Equity Firm Accel-KKR’s Latest Fix: Hotel Enterprise Software

Source: Travel News

SLS

SLS Las Vegas Casino & Hotel is a customer of Rainmaker’s revenue management services. This month Accel-KKR-backed Cendyn Group acquired Rainmaker for an undisclosed sum. SLS

Skift Take: The short-term goal of the deals is win more work from hotel management companies. The long-term goal is to sell the combined portfolio. We look at the merits of Accel-KKR-owned Cendyn's acquisition of Rainmaker. We also look at potential acquisition targets.

— Sean O’Neill

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Private Equity Firm Accel-KKR’s Latest Fix: Hotel Enterprise Software