BirchStreet Systems Acquires ReactorNet Technologies
March 5, 2024
BirchStreet Systems, a Las Vegas–based provider of procure-to-pay software for the hospitality industry, has acquired ReactorNet Technologies, a San Antonio–based provider of business spend management software (EPRO) serving hospitality, entertainment and healthcare customers. The deal expands BirchStreet’s presence in the select‑service hotel segment and brings ReactorNet’s platform—supporting over $2.0B of annual customer spend across more than 4,000 locations and 16,000 users—into BirchStreet’s product suite; ReactorNet’s active management shareholders will continue to operate the business within BirchStreet following closing.
- Buyers
- BirchStreet Systems
- Targets
- ReactorNet Technologies
- Industry
- Software
- Location
- Texas, United States
- Transaction Type
- Buyout
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