Over 30,000 customers across 170,000+ locations globally – from large international chains to independent and emerging concepts – rely on HotSchedules’ software and solutions to help them control costs, maintain compliance, improve visibility, increase profitability and drive operational consistency. The combined entity will continue to support solutions across their respective platforms. Developed by hospitality professionals for hospitality professionals, Fourth offers an intuitive, all-in-one hospitality operations technology platform for purchase-to-pay and inventory and workforce management – underpinned by advanced demand forecasting, predictive analytics and collaboration tools, as well as full-service payroll, benefits and HRO services.

The combined organization will be based out of HotSchedules’ corporate headquarters in Austin, TX, and will maintain major offices in London, U.K. and Atlanta, GA. We look forward to what the future holds and serving the industry together.”, “We are excited to team up with Insight Partners in order to bring together two industry leaders,” said Doug Bayerd, a principal at Marlin Equity Partners. “From an operational perspective, HotSchedules has really helped us drive greater efficiency across our entire brand. HotSchedules and Fourth both provide flagship solutions in workforce and operations management, with each company delivering highly complementary capabilities within the restaurant back-of-house technology stack. Piper Jaffray and William Blair & Company, LLC acted as financial advisor and Latham & Watkins LLP served as legal advisor to Marlin Equity Partners. The newly combined Fourth-HotSchedules business will be headquartered in Austin, TX and London, UK, with Fourth’s CEO, Ben Hood, as CEO over the new combined entity. HotSchedules and Fourth will unite under the leadership of Ben Hood, CEO of Fourth and will continue to support solutions across their respective platforms. HotSchedules is widely recognized for providing the industry’s leading tools for labor management, time & attendance and employee engagement and communication. For more information, please visit www.marlinequity.com. Survey: Half of hotel execs say data breach is likely, STR: U.S. hotel occupancy drops below 50% again. For more information, please visit www.hotschedules.com.

    Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support Single sign-on, integrated workforce-management and inventory management/procurement software.

The merged company is a provider of end-to-end restaurant and hospitality-management solutions for customers—from a single location or franchisee restaurant to a global restaurant or hotel chain. New research suggests 64 percent of hospitality professionals believe the risk of a data breach increases when employees work off site. Reproduction in whole or part is prohibited. Join us for Optimization Part 2 – a FREE virtual event – as we bring together top players in the industry to discuss alternative uses when occupancy is down, ways to boost F&B revenue, how to help your staff adjust to new challenges and more, in a series of panels focused on how you can regain profitability during this crisis. Three hotels that previously were branded under the Cotelier Hotels brand will be converted to the Life House brand. Together, HotSchedules and Fourth will continue to serve one of the largest global customer bases in the industry through a fully integrated software suite. “Our staff and managers enjoy using HotSchedules' powerful and intuitive scheduling app on a daily basis,” said Anne Ansley, CFO of award-winning PDQ restaurants. About Hot SchedulesHotSchedules provides state-of-the-art technology, services and user experiences for the restaurant, retail and hospitality verticals. An operations platform that seamlessly integrates with nearly every major point-of-sale system, finance platform and many industry-specific third-party applications. Our mission is to find, fund, and work successfully with visionary executives, providing them with practical, hands-on growth expertise to foster long-term success. “Our combined investment underscores our commitment to the hospitality management solutions market and the value these companies provide for their customers.”, Robust Products Enable Customer Growth & Profitability. Customers now have access to: HotSchedules and Fourth will unite under the leadership of Fourth CEO Ben Hood and an executive team comprised of HotSchedules and Fourth team members. AUSTIN, Texas & LONDON--(BUSINESS WIRE)--HotSchedules, provider of the leading workforce and inventory management solutions for the restaurant industry, and Fourth, provider of the only integrated hospitality workforce management and cost-control operations platform, today announced they merged business operations in an agreement backed by Marlin Equity Partners and Insight Partners.

About Marlin Equity PartnersMarlin Equity Partners is a global investment firm with over $6.7 billion of capital under management. The business will be headquartered in London and Austin, Texas. Together, the merged company now represents the world’s largest and only provider of end-to-end restaurant and hospitality management solutions for customers across the globe and of all sizes—from a single location or franchisee restaurant to a global restaurant or hotel chain.

For more information, please visit www.hotschedules.com. In July 2019 Fourth joined forces with HotSchedules to become the global leader in end-to-end restaurant and hospitality management technology solutions. exclude terms. Fourth and HotSchedules Merge Business Operations. Morgan Stanley & Co. LLC acted as financial advisor and Kirkland & Ellis LLP served as legal advisor to HotSchedules. HotSchedules, provider of workforce and inventory-management solutions for the restaurant industry, and Fourth, provider of an integrated hospitality workforce-management and cost-control operations platform, have merged business operations in an agreement backed by Marlin Equity Partners and Insight Partners. We look forward to what the future holds and serving the industry together.” Founded in 1995, Insight currently has over $20 billion of assets under management and has cumulatively invested in more than 300 companies worldwide.

About FourthFourth provides complete, end-to-end restaurant and hospitality management solutions that empower operators to optimize profits, enhance guest satisfaction, improve employee engagement and scale profitably. For more information, please visit www.fourth.com. The combined solutions will significantly benefit the industry, and we’re excited to be at the forefront of this technology.”. Following their July 2019 merger, HotSchedules and Fourth, two of the leading technology providers to the restaurant and hospitality industries, announced the go-to-market brand in the United States as HotSchedules, Now Powered by Fourth. Jefferies LLC served as financial advisor to Fourth and Willkie Farr & Gallagher provided legal counsel to Insight Partners. HotSchedules, Now Powered by Fourth is the power behind the world’s hospitality industry.

amandac@gabrielmarketing.com An operations platform that seamlessly integrates with nearly every major POS system, finance platform and many industry-specific third-party applications, Single sign-on, integrated workforce management and inventory management/procurement software, Robust compliance functionality to ensure enforcement of directives for labor management, safety, food and cash handling, Full-service, hospitality-specific payroll, benefits and HR services, Real-time operational insights, cost-control management and analytics dashboards, Dynamic, advanced demand forecasting via the company’s robust, predictive algorithms. The company also has global centers of excellence across multiple international locations including Australia, Bulgaria, China, Vietnam, South Africa and Ukraine. Combined with the great human resources, payroll and benefits services that Fourth continues to provide us, along with the addition of their advanced analytics and demand forecasting capabilities, this is a game-changer.

“As the two largest players in the restaurant and hospitality vertical, our combined strengths and industry expertise will ensure our customers have the solutions they need to solve complex business problems and remain competitive. Real-time operational insights, cost-control management and analytics dashboards. Fourth has established a strong reputation by offering best-in-class HR, payroll, inventory management, procurement, and advanced forecasting and analytics solutions. HotSchedules’ core workforce management, employee engagement and back-of-house solutions combined with Fourth’s workforce management and cost … After two weeks of occupancy surpassing the halfway point, the numbers dropped for the week of Oct. 18–24. As a result of the merger, customers around the world now have access to: Existing HotSchedules and Fourth customers will benefit from the combined capabilities and experience of the two companies, advancing the delivery of innovative solutions across both customer bases. 20K likes. HotSchedules' core workforce management, employee engagement and back-of-house solutions combined with Fourth's workforce management and cost … HotSchedules provides state-of-the-art technology, services and user experiences for the restaurant, retail and hospitality verticals.

“We are excited to join forces with an organization whose mission, values, history, culture and overall commitment to customer success closely match our own. Use a + to require a term in results and - to HotSchedules’ core workforce-management, employee-engagement and back-of-house solutions combined with Fourth’s workforce-management and cost-control operations platform offer customers a complete back-of-house hospitality-management solution. 3 Speen Street, Suite 300, Framingham, MA 01701. Over 30,000 customers across 170,000+ locations globally – from large international chains to independent and emerging concepts – rely on HotSchedules’ software and solutions to help them control costs, maintain compliance, improve visibility, increase profitability and drive operational consistency.



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