Mews secures $100 Million for more M&A

Many small hotel technology companies face intense competition and limited funding, making consolidation a smarter option than operating independently

Sep 26, 2024

Amsterdam-based Mews offers a property management system for hotels that covers tasks such as check-in/check-out, guest management, and housekeeping, with a customer base consisting primarily of independent hotels.

Key takeaways

• « The market is ripe for consolidation, » Mews said, noting that it has acquired nine companies so far. With funding from Vista Credit Partners, the company plans to continue expanding through M&A via its investment arm, Mews Ventures;
• Adam Harris, CEO of Mews’ competitor Cloudbeds, explained why his company avoids M&A as a growth strategy, saying that mergers consume resources that could be used to improve their core product and can disrupt customers during technology transitions;
• Mews has raised $335 million in venture capital from investors including Goldman Sachs Alternatives, Kinnevik and Revaia.

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