Swedish IT group Hoist acquires Ireland PMS provider Paragon
Swidish IT provider Hoist Group acquires Ireland Paragon Systems targeting the hospitality sector in the UK and Ireland with technology including PMS (HotSoft) and point-of-sale tools.
Paragon Systems is now part of the Hoist Group family after an acquisition of the 20-year-old business.
Hoist has not disclosed financial terms that are behind the deal.
Paragon was created in the late-1990s and targets the hospitality sector in the UK and Ireland with technology including property management systems (HotSoft) and point-of-sale tools.
Hoist, which operates in 18 countries around the world, develops technology in the hotel, healthcare and public sector with tools covering web access, conference services, back-office functions and guest-facing platforms.
Read original article