M&A Deal Summary

IDS Next Acquires ShawMan

On May 23, 2022, IDS Next acquired information technology company ShawMan

Acquisition Highlights
  • This is IDS Next’s 1st transaction in the Information Technology sector.
  • This is IDS Next’s 1st transaction in India.

M&A Deal Summary
Date 2022-05-23
Target ShawMan
Sector Information Technology
Buyer(s) IDS Next
Deal Type Add-on Acquisition

Target

ShawMan

Mumbai, India
website
ShawMan is a specialist provider of food & beverage, leisure, and wellness cloud solutions for the hospitality industry. The company's services include point of sale, material management system, and club management system. ShawMan is based in Mumbai, India.

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Buyer(S) 1

Buyer

IDS Next

Bangalore, India

website

Category Company
Founded 1987
Sector Information Technology
DESCRIPTION

IDS Next is a global hospitality technology platform provider that develops, delivers, and supports innovative technology solutions for the global hotel industry. With unrivaled domain expertise, the company's driving force is to create solutions that assist hotels to increase revenues, optimizing costs, and above all provide the ultimate guest experience. IDS Next provides edge technology across all hotel market segments no matter how large or small, whether an enterprise or a single property. Its offerings include highly integrated hotel management software, restaurant management software, central reservations, hotel channel management, mobile apps, and mobile analytic solutions. IDS Next was formed in 1987 and is based in Bangalore, India.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (India) 1 of 1
Year (2022) 1 of 1
Mergr

Product

Company

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