Fourth and HotShedules merge in 'world’s largest' hospitality tech deal

Fourth and HotShedules merge in world’s largest hospitality tech deal
Ben Hood, co-founder and chief executive of Fourth and chief executive of the newly merged company
12/07/2019 - 05:00
British company Fourth, provider of integrated hospitality workforce management and cost-control operations platform, has merged with US HotShedules, the provider of the workforce and inventory management solutions for the restaurant industry.

It says that the merger will make it the 'world’s largest hospitality management solutions for customers across the globe'. The business will be headquartered in Austin, Texas and London, UK. with offices in Bulgaria, China and Australia.

Ben Hood, co-founder and chief executive of Fourth and chief executive of the newly merged company, said: “The merger of Fourth and HotSchedules presents a huge opportunity for growth and innovation.

“We are excited to join forces with a company that aligns so closely to our mission, values, history, culture and overall commitment to customer success. After overseeing Fourth’s journey to date, it is a dream partnership.”

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. 

David Cantu, co-founder and chief customer officer at HotSchedules, added: “Merging with Fourth will enable us to accelerate innovation. 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. We look forward to what the future holds and serving the industry together.” 

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