Kirkland Represents MCR on Acquisition of StayNTouch
Kirkland advised MCR, the fifth-largest hotel owner-operator in the United States, on its acquisition of StayNTouch, a leading cloud-based hotel property management system and contactless solutions provider, from Shiji Group, a global hospitality technology provider. StayNTouch provides a critical hotel operations tool that allows managers to track reservations, room rates, room inventory and housekeeping on a user-friendly mobile or tablet interface. The U.S. government ordered the sale of StayNTouch in March 2020 pursuant to a CFIUS-mandated sale process.
The Kirkland team was led by transactional partners Jonathan Manor and Michael Brueck, investment funds partners Kelly Ryan and Brett Saltzman, and international trade partner Mario Mancuso and associate Luci Hague.
