JWCA aDVISES AGILYSIS ON ITS $35 million convertible PIPE INVESTMENT BY MAK CAPITAL

MAY 2020 | read press release

Transaction Background

Agilysys Special Committee of the board of directors selected JWCA to advise on the company’s $35mm convertible preferred stock investment by MAK Capital One, LLC

JWCA provided extensive analytics and support to the special committee to aid in the structure of the security:

• Transaction structure

• Estimated value

• Data on comparable convertible transactions completed in the market

• Comparison with alternative financing sources

• Accounting treatment

• Shareholder messaging

JWCA provided advice, support and analysis throughout the negotiation and execution process

Results

Agilysys raised capital to strengthen its balance sheet and provide the ability to execute strategic objectives while navigating the current economic environment

About Agilysys

Agilysys has been a leader in hospitality software for more than 40 years, delivering innovative guest-centric technology solutions for gaming, hotels, resorts and cruise, corporate foodservice management, restaurants,  universities, healthcare, and sports and entertainment. Agilysys offers the  most comprehensive software solutions in the industry, including point-of-sale (POS), property management (PMS), inventory and procurement, payments, and related applications, to manage the entire guest journey. Agilysys is known for its leadership in hospitality, its broad product offerings and its customer-centric service. Some of the largest hospitality companies around the world use Agilysys solutions to help improve guest loyalty, drive revenue  growth and increase operational efficiencies.