Krogerus advises PSG and Hostaway on General Atlantic's $365 million investment in Hostaway

Krogerus advised PSG and Hostaway, a leading all-in-one vacation rental software and management system, on a $365 million strategic growth investment in Hostaway led by General Atlantic, with participation from existing investor PSG Equity. Upon completion of the transaction, General Atlantic and PSG Equity will both be significant minority shareholders in Hostaway, and the investment will mark the largest transaction to date in Hostaway’s market segment.

Hostaway helps property managers scale and grow their businesses through one platform with hundreds of API connections and integrations. Hostaway plans to partner with General Atlantic and PSG Equity to further propel its growth strategy, including international expansion, product development, and AI initiatives.

The Krogerus team was led by Partners Marcus Möller and Antti Luhtala and they were primarily assisted by Counsel Jasmin Wardi and Anna Talvitie, Senior Associate Essi Miettinen and Associates Tiina Jauhiainen, Thelma Krankkala, Aleksi Kärnä, Tuuli Merikallio, Ulrika Mäkinen, Anna Salokangas and Linda Tunkkari. Partners Samu Lassila and Marko Vuori advised on tax and structuring matters and they were assisted by Associates Otto Ahtola and Anna Corrêa de Mora. Partner Heidi Kivenjuuri advised on financing matters and she was assisted by Senior Associate Kaarlo Hakkarainen. Partner Pessi Honkasalo advised on intellectual property, data and technology matters and he was assisted by Senior Associate Alexander Bützow and Associates Laura Oiva and Riku Toivio. Partner Carola Möller advised on employment matters and she was assisted by Senior Associate Liisa Lehtonen and Associate Ada Hård af Segerstad.