Vista Equity Partners Acquires Lanyon
Lanyon, Inc., provider of SaaS-based software solutions for the hospitality industry has announced that it has been acquired by Vista Equity Partners, a leading private equity firm focused on investments in software and technology-enabled services.
Lanyon’s senior management team will continue to lead the organization, and will be joined by Steve Cornell, as Chief Financial Officer. Cornell was previously the Vice President of Finance at P2 Energy Solutions, a leading provider of software and data solutions to the upstream oil and gas industry, and brings over 20 years of financial management experience to the Company.
Lanyon provides content and spend management SaaS solutions for corporations, hotels and travel intermediaries in the global hospitality industry. Lanyon’s solutions enable clients to increase visibility and management of travel spend, and enable hotels to increase revenue through lead generation and marketing solutions. Lanyon serves over 725 corporate clients and over 340 hotel companies, representing over 425 hotel brands and 93,000 hotel properties. Lanyon’s customer base includes 70% of the Corporate Travel 100, 50% of the Global 500, and 70% of the world’s hotel brands.
Lanyon’s senior management team will continue to lead the organization, and will be joined by Steve Cornell, as Chief Financial Officer. Cornell was previously the Vice President of Finance at P2 Energy Solutions, a leading provider of software and data solutions to the upstream oil and gas industry, and brings over 20 years of financial management experience to the Company.
Lanyon provides content and spend management SaaS solutions for corporations, hotels and travel intermediaries in the global hospitality industry. Lanyon’s solutions enable clients to increase visibility and management of travel spend, and enable hotels to increase revenue through lead generation and marketing solutions. Lanyon serves over 725 corporate clients and over 340 hotel companies, representing over 425 hotel brands and 93,000 hotel properties. Lanyon’s customer base includes 70% of the Corporate Travel 100, 50% of the Global 500, and 70% of the world’s hotel brands.