TPG Growth and Instawares Holding Company announced the launch of Red Book Connect, the first-of-its-kind comprehensive, cloud-based technology platform for the restaurant, hospitality, and retail industries.
The Red Book Connect platform joins industry leaders Red Book Solutions, MacromatiX, My Recruiting Center, HotSchedules, and SchooX to offer best-in-class technology with the financial firepower of global investment firm TPG.
The company will be led by John Chidsey, former CEO and chairman of Burger King, and backed by an ownership group with an impressive track record for innovation and disruption in the technology and service industries.
“Our community is starved for a single-source platform like Red Book Connectto run more effective and efficient operations across single and multi-location organizations,” says Chidsey, executive chairman of Red Book Connect.
“Combined under one brand, Red Book Connect is now the largest cloud-based technology-solutions company in the industry,” he says. “By acquiring or partnering with additional industry leaders in the future, we are committed to meeting our customers’ evolving needs with the latest technology and solutions.”
The offerings of the combined companies will help managerssolve complex managerial challenges, increase operational efficiency, and improve profitability. Many of the most common management tasks—including hiring-application processing, labor scheduling, recruiting and onboarding, and inventory management—have historically been accomplished through disparate systems or manually implemented processes.
With the creation of Red Book Connect, all of these activities will be consolidated into one integrated platform.
The innovative solutions that embody this new scalable venture are:
The environment can be adjusted to reflect a company’s curriculum structure in its own Corporate Academy. For example, restaurants, hotels, and other franchises can simply and affordably provide a continuous learning and training platform to all of its employees and locations, helping to boost compliance, training, succession programs, and self-learning.
“We are thrilled to provide these industry-leading solutions under the experienced leadership of John Chidsey, who successfully led Burger King for six years,” says William McGlashan, Jr., TPG growth managing partner. “Red Book Connect will be the go-to platform for back-of-house needs, allowing those in the service industry to remain focused on what they do best—serving their customers.”
The Red Book Connect Board of Directors consists of McGlashan and Ransom Langford (TPG Growth); Chidsey (Red Book Connect); Cam Lanier (Instawares Holding); and Ray Pawlikowski (HotSchedules).
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