Mews, a leader in hospitality technology and cloud-based property management systems, has announced a $100 million financing round from Vista Credit Partners, a subsidiary of Vista Equity Partners. This funding will accelerate Mews' growth and strengthen its mergers and acquisitions (M&A) strategy, further establishing the company as a market leader in the hospitality technology sector.

The hospitality industry is witnessing a surge in cloud adoption, particularly in the $15.5 trillion global travel and tourism industry. The investment will enable Mews to continue its expansion efforts, with a focus on acquiring additional hospitality companies through Mews Ventures, the company’s investment and corporate development arm. To date, Mews has successfully acquired nine hospitality companies and plans to continue its investments in cutting-edge technology and talented teams.

Matt Welle, CEO of Mews, emphasized the company’s mission to revolutionize hospitality with cloud-based solutions, stating, "Hospitality at its core is a human industry, and we are relentlessly focused on driving cloud technology that empowers staff to disconnect from screens and focus on their guests. With this financing, we can expedite our growth and reshape the way hospitality is delivered."

Echoing these sentiments, Richard Valtr, Founder of Mews, highlighted the opportunity for market consolidation, stating, "The market is ripe for consolidation. This investment from Vista Credit Partners allows us to continue expanding our position in the industry through strategic acquisitions."

Mews has demonstrated remarkable growth over the past year, achieving several milestones, including:

• A valuation surpassing $1 billion
• Serving over 5,500 customers across 85 countries
• Expanding its customer base in North America by 250%
• Growing gross payment volume by 54%, reaching over $8 billion year-to-date

In addition to its financial success, Mews has introduced innovative product features like AI-driven smart search and the Mews Kiosk, which has significantly reduced check-in times for hotels.

Amy Mathews, Managing Director at Vista Credit Partners, expressed her confidence in Mews' future, stating, "Mews has positioned itself as an essential property management system for hospitality brands worldwide. We’re excited to provide a flexible capital solution to help Mews continue its rapid growth and transformation across the global hospitality sector."

With this new infusion of capital, Mews is set to further drive technological innovation and digital transformation in the hospitality industry.

About Mews:
Mews is a leading provider of cloud-based property management solutions, empowering over 5,500 hospitality businesses in 85+ countries. Known for streamlining operations and transforming guest experiences, Mews has earned multiple industry accolades, including Best PMS (2024) and World's Best Hotel PMS Provider (2023).

About Vista Credit Partners:
Vista Credit Partners is the credit-investing arm of Vista Equity Partners, focusing on enterprise software, data, and technology markets. With over $8.1 billion in assets under management, Vista Credit Partners has completed more than 620 software and technology transactions since its formation in 2013.