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New Deal


Announced

Hoist Group to acquire HotelEngine.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Acquisition

Friendly

Pending

Online and Social Platforms

Private

travel platform

Majority

Single Bidder

Synopsis

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Hoist Group, a hospitality partner for hotels and public operations, agreed to acquire HotelEngine, an online platform that integrates with hotel websites. Financial terms were not disclosed. “HotelEngine completes our PMS product suite by adding a full and reputed booking engine functionality. Having been active across the Nordic market for many years, HotelEngine has a reputation for following customer evolution and rapid technological changes in hotel distribution. Hoist Group looks forward to continuing to enhance the customer experience and improving hotel service quality.” Alfonso Tasso, Hoist Group CEO.

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