Blackstone Acquires Majority Stake in Leading Hotel Accounting Software and Services Provider M3 ...Middle East

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M3, LLC ("M3"), voted the number-one hospitality accounting software in North America, today announced it has signed a definitive agreement for a majority investment from Blackstone Growth and affiliated funds (collectively "Blackstone"). The investment will help to accelerate the company’s growth by enhancing new product expansion and supporting the adoption of M3’s software, which enables hotel operators to run more efficiently and effectively. AAHOA, representing nearly 20,000 hotel owners and 60% of hotels across the United States, will make its first ever strategic investment alongside Blackstone.

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Last updated : 15 August 2024 clock 05:36 PM

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Blackstone Acquires Majority Stake in Leading Hotel Accounting Software and Services Provider M3 ...Middle East

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