Mews, an Amsterdam-based hospitality management platform, has secured €90 million in funding from Vista Credit Partners, a subsidiary of Vista Equity Partners. The new capital will be used to accelerate Mews’ mergers and acquisitions (M&A) strategy and continue its investment in technological innovation across the hospitality sector. This comes six months after the company raised €101 million, achieving unicorn status with a valuation of $1.2 billion.
Mews plans to use the new funding to speed up its M&A efforts through its corporate development arm, Mews Ventures, which has already acquired nine companies. The company aims to consolidate its market position while continuing to invest in cutting-edge technologies that streamline hotel operations and enhance the guest experience.
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Global Growth and Milestones
Founded in 2012 by Richard Valtr, the unicorn provides a cloud-based platform designed to modernize hospitality management. The company serves over 5,500 clients in 85 countries, with a notable expansion in North America, where it has grown its customer base by 250% in the past year. The firm has achieved significant growth in payment volumes, processing over $8 billion year-to-date and introducing AI-driven features like smart search and self-service kiosks.
Strategic Investor Support
Amy Mathews, Managing Director at Vista Credit Partners, praised the dutch company for its role in transforming global hospitality, noting that its platform automates core business operations while improving guest experiences. Vista’s tailored capital solution will help Mews continue driving digital transformation in the rapidly evolving hospitality industry.
