Agilysys acquisition history

Agilysys acquired Kyrus Corporation, a South Carolina-based reseller and integrator of retail point-of-sale systems focused on the supermarket, chain-drug and general retail segments. The deal was announced alongside Agilysys's rebranding from Pioneer-Standard Electronics and its new AGYS ticker, and marked an early move to expand from hardware distribution into higher-value store-systems solutions and services. approximately $31 million.

Agilysys agreed to acquire substantially all the assets of Inter-American Data (IAD), an Atlanta-based developer of software and services for hotel casinos and major resorts. IAD's suite spanned property management, materials management and electronic document storage and powered some of the world's largest resorts, establishing Agilysys as a leading software developer and service provider to the hospitality industry. approximately $36.5 million.

The acquisition of IAD represents another key step in the execution of our strategic plan to enhance our competitive position and expand our intellectual assets. It establishes Agilysys as a leading software developer and service provider to the hospitality industry.Arthur Rhein — Chairman, President & CEO, Agilysys

Agilysys acquired The CTS Corporations, a services organization specializing in IT storage solutions for large and medium-sized corporate and public-sector customers. The purchase enhanced Agilysys's comprehensive storage-solutions offering within the enterprise IT solutions business it later divested. The filing discloses only the month, May 2005. approximately $27.8 million.

The May 2005 acquisition of The CTS Corporations, a services organization specializing in IT storage solutions for large and medium-sized corporate and public-sector customers ... The aggregate acquisition cost was $27.8 million.Agilysys FY2008 10-K — Item 1 Business note

Agilysys acquired Visual One Systems, a developer of Microsoft Windows-based software for the hospitality industry serving full-service hotels, resorts, conference centers and condominiums. Visual One added applications spanning property management, condominium, golf, spa, point-of-sale and catering management, and was folded into Agilysys's hospitality solutions business. approximately $14.4 million.

The January 2007 acquisition of Visual One Systems, which provided Agilysys with expertise around the marketing, development and sale of Microsoft Windows-based software for the hospitality industry, including additional applications in property management, condominium, golf course, spa, point-of-sale, and catering management. The aggregate acquisition cost was $14.4 million.Agilysys FY2008 10-K — Item 1 Business note

Agilysys acquired Stack Computer, a technology integrator focused on high-availability storage solutions with a significant EMC relationship and west-coast customers in financial services, healthcare and manufacturing. The deal strengthened the enterprise storage and professional-services business that Agilysys later divested as it became a hospitality-software pure play. approximately $25.2 million.

On April 2, 2007, the company acquired all of the shares of Stack Computer, Inc. ... a technology integrator with a strong focus in high availability storage solutions. Stack was acquired for a total acquisition cost of $25.2 million.Agilysys FY2008 10-K — Business Combinations note

Agilysys completed its acquisition of InfoGenesis, an independent software vendor providing enterprise-class point-of-sale solutions to the hospitality market. InfoGenesis, with roughly $42 million in annual revenue, had a strong presence in casinos, hotels and resorts, cruise lines, stadiums and foodservice, and was integrated into Agilysys's hospitality solutions business to create a single source spanning property management, POS, and inventory and procurement. approximately $90.6 million.

The addition of InfoGenesis is highly complementary to our hospitality solutions offering and keeps with our strategy to acquire companies with differentiated value that will enhance our product and services offerings, broaden our customer base and expand our markets.Arthur Rhein — Chairman, President & CEO, Agilysys

Agilysys completed its acquisition of Innovativ Systems Design, an Edison, New Jersey integrator and value-added reseller and the largest U.S. commercial reseller of Sun Microsystems servers and storage products, with roughly $260 million in annual revenue. The deal established a significant Sun relationship and a strong presence in financial services and telecommunications, further diversifying Agilysys's supplier, revenue and customer base within the IT-solutions business it later divested. approximately $108.6 million (initial), plus contingent earn-out.

The addition of Innovativ establishes a new and significant relationship between Sun and Agilysys and represents an important step in continuing Agilysys' growth as one of the leading providers of IT solutions to corporate and public-sector customers.Arthur Rhein — Chairman, President & CEO, Agilysys

Agilysys acquired Eatec Corporation, a developer and marketer of inventory and procurement software whose EatecNetX product (rebranded Eatec Solutions by Agilysys) served restaurants, hotels, stadiums and entertainment venues worldwide. The deal strengthened Agilysys's standing as a leading inventory and procurement solution provider to the hospitality and foodservice markets. approximately $25.0 million.

On February 19, 2008, the company acquired all of the shares of Eatec Corporation, a privately held developer and marketer of inventory and procurement software. Eatec's software, EatecNetX (now called Eatec Solutions by Agilysys) ... Eatec was acquired for a total cost of $25.0 million.Agilysys FY2008 10-K — Business Combinations note

Agilysys acquired Triangle Hospitality Solutions, a European reseller of point-of-sale software and solutions for InfoGenesis. The deal expanded Agilysys's European footprint across the hospitality, stadium and arena markets shortly after the InfoGenesis acquisition. Deal value was not disclosed.

Subsequent to our March 31 year end, the April 2008 acquisition of Triangle Hospitality Solutions Ltd., a European reseller of point-of-sale software and solutions for InfoGenesis. The acquisition expanded Agilysys' European footprint in the hospitality, stadium and arena markets.Agilysys FY2008 10-K — Subsequent Events note

Agilysys acquired ResortSuite, a Canada-based fully integrated property management solutions provider focused on the complex multi-amenity and resort market, for $24.8 million in cash. ResortSuite had served resorts and spas across the U.S., U.K. and Canada for over twenty years; the deal strengthened Agilysys's presence in the resort and hotel property management systems space and brought next-generation SaaS and cloud migration options to ResortSuite's customers. ResortSuite became Agilysys Canada, Inc. effective April 1, 2022. approximately $24.8 million.

Only a handful of technology providers have the experience and expertise to offer robust, comprehensive and end-to-end integrated property management solutions which can help run complex resort environments and enable enjoyable guest experiences. This acquisition combines two such providers creating the most compelling hospitality technology unit serving the resort market.Ramesh Srinivasan — President & CEO, Agilysys

Agilysys and ResortSuite share an unwavering commitment to the hospitality market, several shared customers, integrated software solutions, a passion for world class customer service and a strong desire for continued innovation. We are excited to join and contribute to the new chapter of modern technology driven growth of Agilysys 2.0.Frank Pitsikalis — CEO & Founder, ResortSuite

Agilysys acquired Book4Time, the global leader in spa management SaaS software, for approximately $148.3 million in an all-cash transaction funded by its revolving credit facility. Book4Time manages guest experiences at spas, hotels, resorts, casinos, golf and private clubs in more than 100 countries, integrates with 60+ technology providers, and serves more Forbes 5-Star-rated spas than any other solution. The deal consolidated Agilysys's leadership in spa/wellness software and expanded its opportunity to increase solutions-per-customer globally. approximately $148.3 million.

Over the past 20 years, we have worked hand-in-hand with the world's leading hospitality brands in over 100 countries to develop the industry's #1 SaaS platform for spa and wellness operations. We are excited about the opportunity to join forces with the impressive Agilysys team and our shared vision to deliver High Return Hospitality.Roger Sholanki — Founder & CEO, Book4Time