Announced
Completed
Financials
Tags
Data Centers and Hosting
Completed
Private Equity
Acquisition
Private
Single Bidder
Domestic
Friendly
Netherlands
online platform
Majority
Synopsis
HousingAnywhere, a rental accommodation platform for mid-term rentals, completed the acquisition of Kamernet, a developer of an online platform designed to offer accommodation services, from Qmulus, an investment company. Financial terms were not disclosed. "While having devastating effects on international mobility, the pandemic offered us the opportunity to further develop our product. It enabled us to improve our contribution margins and explore local rental markets while accelerating the inevitable consolidation of the market. Despite turbulent market conditions, we managed to improve our business model, solidify the confidence of our investors and attract new capital," Djordy Seelmann, HousingAnywhere CEO.
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