M&A Deal Summary

Mews Systems Acquires Hotello

On April 12, 2023, Mews Systems acquired software company Hotello

Acquisition Highlights
  • This is Mews Systems’ 1st transaction in the Software sector.
  • This is Mews Systems’ 1st transaction in Canada.
  • This is Mews Systems’ 1st transaction in Quebec.

M&A Deal Summary
Date 2023-04-12
Target Hotello
Sector Software
Buyer(s) Mews Systems
Deal Type Add-on Acquisition

Target

Hotello

Montreal, Quebec, Canada
Hotello is focused on delivering exceptional user experience and unlimited integrations. Its technology stack is focused on seamless communication between systems, people and environments to make user and customer experiences simple, efficient and exceptional. Hotello was founded in 2001 and is based in Montreal, Quebec.

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Buyer(S) 1

Buyer

Mews Systems

Amsterdam, Netherlands
Category Company
Founded 2012
Sector Information Technology
DESCRIPTION

Mews Systems with the vision that real innovation in the hospitality industry is only possible if one rebuilds the existing Property Management Solutions (PMS) from the ground up. Founded in a basement office near the Old Town Square in Prague, a small team set out to rethink the traditional PMS, and put the guest back at the core of its solution. Its mission was to provide all hoteliers – whether they are running a 1000-bed hotel or renting out a number of apartments in multiple cities – the freedom to completely rethink their guest experiences by utilizing the power of the cloud and mobile technologies. Mews Systems was founded in 2012 and is based in Amsterdam, Netherlands.

DEAL STATS #
Overall 2 of 7
Sector (Software) 1 of 2
Type (Add-on Acquisition) 1 of 6
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2023) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-11 Base7booking

Lutry, Switzerland

Base7booking is a cloud-based property management system designed for independent properties.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-04 Nomi Travel

Nashville, Tennessee, United States

Nomi Travel is a developer of local tour guide for travelers, using predictive analytics and AI to respond to recommendation requests while considering the personality type of each user, unique preferences, interests and needs. Nomi Travel was founded in 2021 and is based in Nashville, Tennessee.

Buy -
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