M&A Deal Summary |
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Date | 2024-11-04 |
Target | Quotelo |
Sector | Information Technology |
Buyer(s) | Mews Systems |
Deal Type | Add-on Acquisition |
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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 | # |
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Overall | 6 of 7 |
Sector (Information Technology) | 1 of 1 |
Type (Add-on Acquisition) | 5 of 6 |
Country (France) | 1 of 1 |
Year (2024) | 3 of 4 |
DATE | TARGET | DEAL TYPE | VALUE |
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2024-05-14 |
HS3 Hotelsoftware
Detmold, Germany HS3 Hotelsoftware is a front office software provider that supports smaller hotels, guesthouses, centrally managed hotel groups, and large medium-sized hotels. HS3 Hotelsoftware is based in Detmold, Germany. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
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2024-11-21 |
Atomize
Göteborg, Sweden Atomize provides a next-generation revenue management platform that enables real-time price optimization, unlocking huge revenue opportunities for hotels around the world. Atomize was founded in 2016 and is based in Göteborg, Sweden. |
Buy | - |