Houlihan Lokey Advises GrowthCurve Capital

Houlihan Lokey is pleased to announce that GrowthCurve Capital (GrowthCurve) has acquired Duetto, a leading provider of revenue management software for the hospitality industry. GrowthCurve is acquiring the business from affiliates of Warburg Pincus and other shareholders. The transaction was announced on June 27, 2024.

Duetto offers innovative solutions that simplify hotel operations and optimize revenue. With a focus on organic product development, data, and integrations, Duetto connects disparate systems into a cohesive, efficient platform that drives profitability and growth for hotels worldwide. More than 6,000 hotel and casino resort properties in over 60 countries use Duetto's applications, which include GameChanger for pricing, ScoreBoard for intelligent reporting, and BlockBuster for contracted business optimization. Earlier this week, Duetto launched its newest product, OpenSpace, a revenue management solution and booking engine for meeting and event spaces. Duetto’s reliable customer service and unwavering commitment to simplifying the complexities of hotel revenue management have led to its recognition as the #1 RMS for three consecutive years by the HotelTechAwards.

GrowthCurve is a control-oriented private equity firm focused on building businesses by utilizing data, analytics, and machine learning, combined with a comprehensive approach to human capital, to seek to accelerate growth and drive long-term value. GrowthCurve will partner with Duetto to further accelerate its AI strategy, including the development of new AI products, support the launch of new business lines, and expand into new markets.

Houlihan Lokey served as the exclusive financial advisor to GrowthCurve. This deal highlights Houlihan Lokey’s continued success as a leading advisor in the travel and hospitality technology sector.

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