Mews, an Amsterdam, Netherlands-based hospitality cloud platform provider, has secured a $100 million financing round.
Investors
The investment comes from Vista Credit Partners, a subsidiary of Vista Equity Partners. Vista provides tailored, growth-friendly capital solutions with long-term investment horizons. They source deals from founder-led companies, sponsor relationships, and a broad network of experts. Since its inception, Vista Credit Partners has completed over 620 software and tech transactions, supporting growth through creative financing and operational partnerships.
Mews Use of Funds
The funding will drive Mews' growth, bolster its mergers and acquisitions (M&A) strategy, and solidify its market position.
About Mews
Founded by Richard Valtr in 2012, Mews is a hotel SaaS company that provides a cloud-based property management system (PMS) for the hospitality industry. Its hospitality cloud is designed to streamline operations for modern hoteliers, transform the guest experience, and help create more profitable businesses. Mews automates many administrative tasks in hospitality and includes features such as AI-powered smart search, next-generation self-service kiosks, and integrations with third-party apps to enhance efficiency. Serving over 5,500 properties in 85 countries, Mews' customers include Generator-Freehand, The Strawberry Group, The Social Hub, and Airelles Collection.
Funding Details
Company: Mews
Raised: $100.0M
Round: Unknown
Funding Date: September 2024
Investor: Vista Credit Partners
Company Website: https://www.mews.com/
Software Category: Hospitality Management
Source: https://www.prnewswire.com/news-releases/mews-raises-100-million-in-new-financing-from-vista-credit-partners-302259022.html