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General Atlantic Completes Strategic Growth Investment in Hostaway
- Client News
- March 21, 2025
Paul, Weiss advised General Atlantic as lead investor in a $365 million strategic growth investment in Hostaway, an all-in-one vacation rental software and management system. Under the terms of the agreement, General Atlantic partnered with Hostaway, alongside existing investor PSG Equity, to further propel Hostaway’s growth strategy, including international expansion, product development and AI initiatives. Upon completion of the transaction, General Atlantic became a significant minority shareholder in Hostaway.
The Paul, Weiss team was led by corporate partners Will Aitken-Davies, Rohan Dey, Matthew Abbott and Cullen Sinclair, and includes partners Suhan Shim, Reva Raghavan and Christopher Cummings, and counsel Hein Visser, Nathan Mitchell and Caitlin Kelly; tax partners Cian O’Connor and Lindsay Parks; intellectual property partners John Patten and Jonathan Ashtor; antitrust partners Ross Ferguson, Annie Herdman and Marta Kelly, and counsel Chad de Souza and John Magruder; litigation partners John Carlin, Jessica Carey and Nicole Succar, and counsel Audrey Paquet, Benjamin Klein and Marques Tracy; real estate partner Peter Fisch; executive compensation partner Lawrence Witdorchic; and environmental counsel William O’Brien.