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Announced

Completed

Kinnevik led a $110m round in Mews.

Financials

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Transaction Value£86m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Private Equity

Single Bidder

hospitality technology

Software

property management software

United Kingdom

Acquisition

Cross Border

Completed

Friendly

Venture Capital

Private

Synopsis

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Kinnevik, a Swedish investment company, led a $110m round in Mews, a European cloud-based software company, with participation from Revaia, Goldman Sachs Alternatives, Notion Capital and LGVP. “This funding is a credit to the strength of our vision, the Mews team, our forward-thinking customers and committed investors who have helped us get to where we are today. As more hoteliers embrace modern technology, we have a huge opportunity to help them streamline their operations, build more profitable businesses and deliver personalized guest experiences. Mews is in a unique position to truly transform the industry,” Matt Welle, Mews CEO.

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