Mews, a leader in cloud property management systems, announced it has entered into an agreement to acquire the product line, Base7booking from trivago, a leading global accommodation search platform.
With 1000 customers located throughout Europe, Base7booking is a cloud-based property management system designed for independent properties. The acquisition by Mews will include the Base7booking product line, customers and customer support team.
Matthijs Welle, CEO of Mews, said, “Adding Base7booking to the Mews portfolio is a win-win for everyone. We share a strong European presence, 100% cloud-based software, and a complete focus on serving the needs of hoteliers and their guests. At the same time, we’re investing millions of euros every year in R&D and product innovation. We strongly believe that our market focus and product roadmap will provide significant benefits for the Base7booking customers.”
“The leadership team decided earlier this year to streamline our product portfolio,” said Axel Hefer, CEO of trivago. We’re excited to have found an agreement with a market leader in property management systems. We’re very confident that Mews will be an excellent technology partner for the Base7booking customers and team.”
The acquisition is part of Mews’ European growth plans. The Base7booking customer base is located throughout the region, notably in Germany, Austria and Switzerland.
Richard Valtr, Founder of Mews said, “While our industry has been heavily affected by the pandemic, we’re laser-focused on the recovery which is expected to begin in 1H 2021. Now is the moment for the thousand-strong customers from Base7booking to join Mews so they can take full advantage of our technology and expertise in hotel automation.”
The transaction is expected to close in the fourth quarter of 2020.
Source: Trivago
This post was published on %s = human-readable time difference 3:32 pm