Blackstone Growth Acquires Majority Stake in M3 with Strategic Investment from AAHOA
August 15, 2024
Blackstone Growth (part of Blackstone) has signed a definitive agreement to acquire a majority stake in M3, a leading hospitality-focused accounting software and services provider; terms were not disclosed. The deal includes a strategic investment from AAHOA and is intended to accelerate M3’s product expansion and adoption across the hotel industry as the company scales its cloud-based financial platform serving thousands of properties.
- Buyers
- Blackstone Growth, AAHOA (Asian American Hotel Owners Association)
- Targets
- M3, LLC
- Industry
- Cloud & SaaS
- Location
- Georgia, United States
- Transaction Type
- Buyout
Explore More
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.