Wednesday, January 9, 2013
Red Book Connect Gets Funding From TPG, Rolls Up Firms
Red Book Connect, a newly launched, cloud-based technology developer for the restaurant, hospitality and retail industries, has scored major funding from Fort Worth-based TPG Growth, along with Instawares Holding Company, the firm said today. The new company said it has joined Red Book Solutions, MacromatiX, My Recruiting Center, HotSchedules, and SchooX to create a technology platform and a comprehensive suite of services for the hospitality, restaurant, and retail industries. As part of the funding and creation fo the company, the company said it has named John Chidsey, former CEO and Chairman of Burger King, as head of the new firm. Financial details of the funding and acquisition were not announced.