Cendyn Group, LLC
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Cendyn Group, LLC - overview
Established
1996
Location
Boca Raton, FL, US
Primary Industry
Travel & Leisure
About
Cendyn Group, LLC is a U. S. -based technology provider specializing in solutions for the hospitality industry to enhance customer engagement and drive revenue growth. Founded in 1996 in Boca Raton, US, Cendyn Group, LLC focuses on technology solutions for the hospitality sector.
The company was established under the leadership of Carlos Genovés, who also serves as CEO. The firm has been a participant in 3 funding deals, with the most recent investment occurring in January 2024 from Haveli Investment Management. Cendyn specializes in providing technology solutions tailored for the hospitality industry, focusing on customer engagement and revenue generation. Their offerings include cloud-based CRM systems, marketing automation tools, and data analytics solutions designed to help hotels optimize marketing efforts and drive direct bookings.
Cendyn serves a diverse client base that includes luxury hotels, boutique establishments, and large hospitality chains across North America, Europe, and Asia-Pacific, enabling them to address challenges in customer retention and service delivery. Cendyn generates revenue primarily through subscription-based models for its software solutions, allowing clients access to Cendyn’s platform for a recurring fee. Contracts typically span annual or multi-year terms, with clients paying for services such as advanced CRM and marketing analytics. This model caters to a range of clients from small boutique hotels to large hospitality groups, providing scalable solutions that meet diverse business needs.
Additionally, Cendyn collaborates with hospitality organizations to deliver customized solutions, furthering its market reach. Following the investment from Haveli Investment Management on January 1, 2024, Cendyn aims to enhance customer service and expand into global markets. The company is exploring new products and innovations in technology solutions tailored for the hospitality sector. Specific markets targeted for expansion include Europe and Asia-Pacific.
The recent funding will support these initiatives, enabling Cendyn to improve service offerings and develop new partnerships.
Current Investors
Haveli Investment Management
Primary Industry
Travel & Leisure
Sub Industries
eMarketing/Digital Marketing, Hotels & Accommodations, Sales & Marketing Software
Website
www.cendyn.com
Verticals
AdTech, Cloud Computing
Total Amount Raised
Subscriber access only
Cendyn Group, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | The Knowland Group | - | ||||||||
| Growth | Completed | Cendyn Group, LLC | - | ||||||||
| Add-on | Completed | PUSH Technologies S.L. | - | ||||||||
| Add-on | Completed | Wihp SAS | - | ||||||||
| Add-on | Completed | Digital Hotelier | - |
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