Houlihan Lokey Advises Datavision Technologies

Houlihan Lokey is pleased to announce that Datavision Technologies, Inc. (Datavision), the premier hospitality business intelligence platform for the highest-quality hotels and resorts across the globe, has been acquired by myDigitalOffice Holdings, Inc. (MDO), a portfolio company of Cove Hill Partners.

Datavision, based in Pembroke Pines, Florida, is the premier business intelligence system for the hospitality world. Datavision’s tools help customers corral data that is distributed across multiple systems and provide a 360-degree view of the business. As a result, hoteliers are able to run a more efficient operation. Real-time insights allow clients to provide top-notch service to their guests by understanding their needs. Datavision is currently used around the world on six continents, including some of the world’s most elite resorts and multi-property companies.

myDigitalOffice is the world’s fastest-growing hotel data platform, providing customers with centralized, digital access to all of their hotels’ most critical documents and cross-functional performance metrics. The visibility, connectivity, and control delivered by its award-winning cloud-based dashboards, document management software, and integrated data feeds allow teams to reach greater levels of productivity, budget and forecast, and reduce environmental impact while optimizing profitability.

Datavision and myDigitalOffice customers will now benefit from the combined experience and strength of a globally dispersed team of more than 250 people providing world-class 24x7x365 support, and offering over 250 hotel system integrations. Leveraging the alignment of myDigitalOffice and Datavision will enable hoteliers to automate and enhance reporting, benefit from real-time BI insights, and focus more sharply on hotel guests to suit their ever-evolving needs. Datavision’s tools, now combined with myDigitalOffice’s growing data lake, position customers to have access to a state-of-the-art data and reporting platform.

Houlihan Lokey served as the exclusive financial advisor to Datavision and assisted in marketing, structuring, and negotiating the transaction on behalf of the company. This transaction further demonstrates Houlihan Lokey’s leading position in advising hospitality software providers and exemplifies Houlihan Lokey’s continued success supporting founder-owned businesses.