tiprankstipranks
Agilysys Acquires Book4Time, Expands Spa Software Reach
Company Announcements

Agilysys Acquires Book4Time, Expands Spa Software Reach

Story Highlights

Invest with Confidence:

An update from Agilysys ( (AGYS) ) is now available.

Agilysys has closed a strategic acquisition of Book4Time for $150 million in cash, enhancing its customer base by over 30% and expanding its market leadership in spa software solutions. This acquisition strengthens Agilysys’ competitive position, allowing for greater product penetration within large global brands, and highlights the company’s ongoing revenue growth and strategic focus on hospitality software solutions.

More about Agilysys

Agilysys is a leading provider of software solutions for the hospitality industry, offering a suite of products that cater to lodging, food and beverage, and property management. The company focuses on delivering end-to-end solutions with both cloud-native and on-premise options, serving a global clientele with significant presence in North America, EMEA, and APAC.

YTD Price Performance: -30.77%

Average Trading Volume: 278,729

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.58B

For an in-depth examination of AGYS stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App