AGC Partners is pleased to announce that its client, WIHP SAS, the leading global metasearch campaign management and direct booking CMS SaaS platform, serving the full spectrum of hotel and vacation rental industry participants, from independent hoteliers to agencies, has been acquired by Cendyn, a portfolio company of Accel-KKR. With this acquisition, Cendyn will strengthen its metasearch management and direct bookings enablement capabilities, and solidify its leadership position in hospitality tech. With a team led by Jon Weibrecht and Charlie Schopp, AGC Partners acted as financial advisor to WIHP.
"The AGC team's industry expertise was only surpassed by their exceptional professionalism and care throughout our process. Jon and Charlie did an A+ job navigating the complexities of our cross-border transaction. Their knowledge of French business nuances and the depth and breadth of their relationships with all the key players in travel and hospitality tech in North America and Europe were indispensable for getting a deal done. We set a very high bar going in, and we could not be happier with the remarkable outcome."