GrowthCurve Capital Acquires Hotel RMS, Duetto
Duetto (“Duetto” or the “Company”), a leading provider of revenue management software for the hospitality industry, today announced that it has been acquired by GrowthCurve Capital (“GrowthCurve”). GrowthCurve is acquiring the business from affiliates of Warburg Pincus and other shareholders. Terms of the transaction were not disclosed.
Duetto offers innovative solutions that simplify hotel operations and optimize revenue. With a focus on organic product development, data and integrations, Duetto connects disparate systems into a cohesive, efficient platform that drives profitability and growth for hotels worldwide. More than 6,000 hotel and casino resort properties in more than 60 countries use the Company’s applications, which include GameChanger for pricing, ScoreBoard for intelligent reporting, and BlockBuster for contracted-business optimization. Earlier this week, Duetto launched its newest product, OpenSpace, a revenue management solution and booking engine for meeting and event spaces. Duetto’s reliable customer service and unwavering commitment to simplifying the complexities of hotel revenue management have led to its recognition as the #1 RMS for three consecutive years by HotelTechAwards.