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Investor Elvaston takes important steps in Grödig

gastrodat has been part of the Elvaston investment group since 2021. Now, the advisory board has met for the first time at the gastrodat headquarters – and has set the strategic course. Hoteliers will particularly benefit from this.

The gastrodat advisory board fixed decisive growth steps (from left): Patrick Katenkamp (Operating Partner Elvaston), Raphael Bickel (Associate Elvaston), Herbert Stegfellner (CEO gastrodat), Rudolf Hofherr (Bord member gastrodat), Panos Gikas (Chairman oft he board gastrodat), Thulackshan Mohan (Bord member gastrodat) and Olga Knyazkova (Associate Elvaston).

Passion and pragmatism – these are the guiding principles of Elvaston Capital Management. The private equity firm invests in leading providers of business software in order to shape a better future together.

This is also the case with gastrodat: Since 2021, Elvaston has been strategically developing the hotel software company: from a medium-sized provider of a property management system to a major player in the market that comprehensively covers the digital needs of hoteliers.

Benefits for hoteliers

In order to achieve this goal, the gastrodat advisory board met for the first time in Grödig. The agenda included planned acquisitions from other software companies as well as investments in gastrodat’s development, personnel and products.

“The bigger and better we become, the stronger we can support our hoteliers in digitalization. Soon we will shake up the market with technical milestones,” announces gastrodat CEO Herbert Stegfellner. Regular customers will then benefit from improved and more comprehensive solutions from a single source. Hoteliers who do not yet rely on gastrodat will in turn receive strong arguments for a switch.

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