Agilysys acquired Book4Time, Inc. for approximately $148.3 million, a transaction completed in August 2024, structured as all cash (funded by revolving facility).
Book4Time, Inc. operates in Hospitality software (spa & wellness SaaS), is based in Toronto, Ontario, Canada. 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.
Extends global presence, consolidates market leadership in spa management software, and creates further subscription revenue growth opportunities.
Category-leading spa/wellness SaaS with global footprint, 60+ integrations and a premium 5-Star customer base. Increases solutions-per-customer penetration globally and adds subscription revenue growth. Wholly-owned subsidiary of Agilysys, Inc.
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
Advisory firms were not disclosed for this transaction.