BDO was the exclusive corporate finance advisor to The Riverside Company for their investment in Guestline Limited, a leading provider of mission critical software for the hospitality sector.
Guestline is a UK-based provider of proprietary cloud-based hotel management and distribution software solutions; it enables hotels of all sizes to achieve maximum occupancy at the most profitable rate using a mix of PMS, online bookings, CRS, channel distribution, social media, PCI compliance and POS systems. The company is headquartered in Shrewsbury, with a small presence in Thailand and a development team in Romania. Their software is installed in 10+ countries across four continents, and they have 15,000 customers and c.150 members of staff.
We were delighted to benefit from BDO’s transactional expertise as well as their strong sector knowledge. It was a pleasure to work with BDO on this extremely fast-moving and highly exciting transaction, and to continue the build-out of our global relationship between our firms
Thomas Seddon, Vice President, Riverside Europe Partners