.
MergerLinks Header Logo

New Deal


Announced

Potentia Capital to acquire a majority stake in NewBook.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Australia

Pending

Single Bidder

hotel property management system

Majority

Digital Services

Acquisition

Domestic

Private Equity

Private

Friendly

Synopsis

Edit

Potentia Capital, a private equity firm, agreed to acquire a majority stake in NewBook, a booking and property management system provider. Financial terms were not disclosed. “NewBook is at an inflection point following strong growth and I feel that now is the right time for NewBook to leverage its current lead on our competitors and fast-track our global expansion. I have complete confidence that Potentia Capital will help us do just that given their strong track record and especially their focus and expertise in investing only in high growth technology companies," Brad Illich, NewBook Founder.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US