EasyRMS Acquired By Infor
- The McLean Group advises on Travel & Hospitality deal
MCLEAN, Virginia, June 14, 2012 /PRNewswire/ -- The McLean Group today announced that it acted as the exclusive mergers and acquisitions (M&A) advisor to (EZ) Revenue Management Solutions Limited (EasyRMS) in its sale to Infor, the world's third-largest supplier of enterprise applications and services, helping more than 70,000 large and mid-size companies improve operations and drive growth across numerous industry sectors.Â The financial terms of the deal were not disclosed.
Founded in 1999 and headquartered in London, UK, EasyRMS is the leading provider of SaaS Revenue and Yield Management solutions to the global hotel industry. Â Today the company has more than 1,200 hotel properties utilizing their solution in 67 countries.Â
EasyRMS, Co-Founder and CEO, Paul Margaillan said, "We are very excited about the integration with Infor.Â This is a big win for our global clients and our team. We really appreciate the guidance and advice we received from John Rovani and his team through our close relationship with The McLean Group."Â
John Rovani, Senior Managing Director, who leads The McLean Group's Travel & Hospitality investment banking practice, said, "We are excited for Infor and EasyRMS shareholders, management and employees, as the combined businesses will bring significant product and cross-selling opportunities to each other."
This deal adds to The McLean Group's long list of closed transactions in its globally-focused Travel & Hospitality practice.Â
For more information on Infor's acquisition of EasyRMS, visit here.
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