Duetto CEO on What's Next After Sale to Private Equity

David Woolenberg, the CEO of Duetto, spoke with Skift about what’s next for the company following an acquisition by private equity firm GrowthCurve Capital. 

The interview on Friday afternoon was his first since Thursday’s announcement.

With resources from the new owners, Duetto plans to accelerate its AI strategy, launch new lines of business, and expand into new markets.

Woolenberg spoke about those plans and more.

David Woolenberg, the CEO of Duetto. Source: Duetto

Duetto provides hotel companies with a software platform meant to streamline revenue management, online marketing, merchandising, and data-based analysis. Hotels can use the products to set room rates that adjust automatically based on market changes. Some of Duetto’s competitors include IDeaS and Cendyn Group’s Guestrev, formerly called Rainmaker. 

The company is headquartered in San Francisco, and its employees have been fully remote since the pademic.

GrowthCurve’s Role at Duetto 

The acquisition provides Duetto with capital to fund tech investment and business expansion, but Duetto is still in charge of running its own company, Woolenberg said. All operations are continuing as before, and all executives and employees are stayin