Access Group Acquires Guestline from The Riverside Company

The Access Group Acquires Paytronix

November 1, 2024

Cloud & SaaS

The Access Group has entered into an agreement to acquire Paytronix, a US-based cloud digital guest engagement platform serving restaurants and convenience stores. The acquisition expands Access's product offering and footprint in the United States while integrating Paytronix's loyalty, online ordering, payments and guest engagement capabilities into Access's broader hospitality and business management suite.

The Access Group Acquires SHR Group (Sceptre Hospitality Resources)

June 6, 2024

Cloud & SaaS

The Access Group has acquired SHR Group (Sceptre Hospitality Resources), a Houston-based hotel and casino technology specialist, from Serent Capital. The deal expands Access Hospitality’s North American footprint and combines SHR’s CRS, IBE, CRM and RMS capabilities with Access’s Guestline and wider hospitality portfolio to offer a unified, AI-enabled hotel technology suite.

The Riverside Company Invests in Gastromatic

February 22, 2023

Cloud & SaaS

The Riverside Company has completed a growth investment in Gastromatic, a Darmstadt-based SaaS provider of workforce management software for shift-based industries. Riverside will partner with Gastromatic’s founder team to support product innovation and accelerate the company’s growth and geographic expansion.

Riverside-backed Guestline Acquires Newbridge Software

October 18, 2022

Cloud & SaaS

The Riverside Company has invested in Newbridge Software as an add-on to its Guestline hotel software platform; Newbridge will operate as a division of the Guestline Group. The acquisition integrates Newbridge's cloud-native ePOS system for bars and restaurants into Guestline's hotel operations and payments platform to expand capabilities for hospitality customers across the UK and beyond.

Hg, TA Associates and GIC invest in The Access Group at £9.2 billion valuation

June 8, 2022

Software

The Access Group has received a further strategic investment from existing shareholders Hg and TA Associates, with GIC joining as a new minority investor, valuing the company at an enterprise value of £9.2 billion. The transaction, which is subject to regulatory approvals, provides additional capital to support Access's international expansion, product development (notably its Access Workspace SaaS platform) and continued M&A activity.

Hg and TA Associates Make Strategic Investment in The Access Group

October 20, 2020

Software

The Access Group, a UK-based provider of business management software, secured a substantial strategic investment from its two largest shareholders, Hg and TA Associates, who will retain joint control alongside the management team. The transaction (terms undisclosed) is intended to accelerate The Access Group's organic and acquisitive growth and support geographic expansion.