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Image Technology Systems

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Year established

2000

Location

Richardson TX US

Primary Industry

Software

About

Based in Texas, US, and established in 2000 by David Awad, Image Technology Systems operates as a provider of property management system with revenue management, channel management, and operational tools for the hospitality industry and also offers software and support in English, French, and Spanish. Visual Matrix is not only offered as a desktop solution, but available as a cloud-based solution as well. The company was in over 30 countries, with 2,500 franchise hotel clients. The company provides Visual Matrix PMS mainly to optimize hotel revenue, lowering processing fees, empowering hotel staff, monitor competitors, connect with guests, and simplify the onboarding process. Image Technology Systems offers Visual Matrix Desktop and Visual Matrix Cloud which offers additional benefits of cloud technology. As of January 2021, following the departure of founder David Awad, Georgine Muntz started as Executive Chair and CEO.
Current Investors
Alpine SG, LLC

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Primary Industry
Software
Sub Industries
Hospitality Services, Systems Management Software, Analytics & Performance Software
Website
www.vmpms.com
Verticals
Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only

Deals

Deals Type
Add-on
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)
Completed Image Technology Systems 26 Jan 2021
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