Cendyn Announces Strategic Follow On Equity Investment From Accel-KKR

Cendyn | June 18, 2019

Boca Raton, Florida – June 18, 2019 – Cendyn, the leading provider of hotel CRM and hotel sales platforms for the hospitality industry today, announces a strategic follow on investment from Accel-KKR, a leading Silicon Valley based technology-focused investment firm. This investment for Cendyn will enable the business to further scale and innovate its solutions for the hospitality industry. As part of the transaction, Charles Deyo, CEO & Founder will move to the role of investor and board member. Tim Sullivan will drive day-to-day operations of the business and serve as its President. The terms of the transaction were not disclosed...