Multi-Million Dollar Software Company Acquisition

Gerry Balboni and Michael Karamat represented hotel SystemsPro, a provider of sales, catering and maintenance software to the hotel and hospitality industry, in connection with a sale of substantially all of its assets to Newmarket, an Amadeus company, which is a major European IT Provider for the global travel and tourism industry.  The multi-million dollar acquisition will not only open up Hotel SystemsPro’s client base but add to Newmarket’s product offerings.