---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-099141"
form_type: "8-K"
ticker: "AGYS"
cik: "0000078749"
company_name: "AGILYSYS INC"
filed_at: "2024-08-20T23:59:59+00:00"
generated_at: "2026-05-31T08:35:50.046915+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Agilysys acquires Book4Time for $150M cash, expands spa management SaaS leadership

## Summary
- Total consideration $150M cash, funded by cash on hand and $50M drawn from a new $75M credit facility with Bank of America.
- Book4Time is the global leader in spa management SaaS, serving more Forbes 5-Star-rated spas than any other solution.
- Acquisition at ~9x revenue multiple; minimal customer overlap with Agilysys, creating cross-sell opportunities.
- Book4Time operates in over 100 countries; named 2024 HotelTechAward Winner for Best Spa Management Software.
- Impact on FY2025 guidance to be discussed on Q2 earnings call in October 2024.

## SEC filing metadata
- accession: 0000950170-24-099141
- form_type: 8-K
- ticker: AGYS
- cik: 0000078749
- company_name: AGILYSYS INC
- filed_at: 2024-08-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/78749/000095017024099141/0000950170-24-099141-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/78749/000095017024099141/agys-20240816.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-099141
- JSON: https://secwatch.observer/filing/0000950170-24-099141.json
- Plain text: https://secwatch.observer/filing/0000950170-24-099141.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.