Mews, a Dutch hospitality management company, is considering a US public listing if it goes for an IPO, according to CEO Matthijs Welle. He noted that most comparable SaaS companies are listed in the US, where capital markets are deeper. Despite discussing potential exits, Welle remains committed to growing Mews, which provides cloud-based solutions for the hospitality industry. The company recently achieved unicorn status and reported significant growth, processing over $10bn in payments and generating $200mn in revenue in 2024.
"An IPO is one of the options that we would consider for the future, and if we were to go down that route, a listing in the US is the most likely option."
"Most other vertical SaaS companies, who are comparable to us, are listed in the US, where there are deeper capital markets and a strong presence of SaaS-focused investors and analysts."
"While we have thought about a potential exit, we are currently very focused on and committed to building one of the most exciting hospitality technology brands in the world."
"Mews reported 50% year-on-year growth in 2024, processing more than $10bn in payments volume and surpassing $200mn in revenue."
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