Company

Sequoiasoft
Deals-complete

July 2019

Deal completed

revenues

€23M+

Revenues

sector

Digital

Sector

01

Business

Software for hospitality industry

Sequoiasoft is a leading software provider in the hospitality industry. The company develops management and booking SaaS solutions (PMS, CRS, Channel Management, Booking engine) for hotels, campings, restaurants and wellness centers.

02

Strategy

Accelerate Asterio roll-out

Sequoiasoft’s growth is driven by the fast-track implementation of a new SaaS and one-stop-shop solution, Asterio, which required several years of R&D and benefits from a huge market share acquisition potential in the hotel industry. Sequoiasoft also intends to continue its build-up strategy to consolidate a fragmented market: the company has a successful track-record of build-up integration with the carve-out from Cegid of the “hotel & restaurant” division in 2014, and the acquisition of Thelis, European leader in software solutions for outdoor accommodation industry, in 2015.

04

Others deals

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