b network lbo with Ring Capital

b network, the booking and hotel management platform for major events, raises 30 million euros from Ring Capital

With a turnover of 200 million euros, b network, the booking and hotel management platform for event organizers, raises 30 million euros from Ring Capital's "tech" fund and debt partners.

Founded in 2005 and with offices in Barcelona, Cannes, Paris and London, b network has developed a unique expertise in the management of event hosting for major organizers (trade shows, fairs, congresses, sporting events, summits ...).
Relying on a 100% proprietary technology platform and valued relationships with event organizers and hoteliers, the company quickly established itself in this market, managing today more than 130 events per year (MobileWorldCongress, ILTM, INTA, Cannes Lions, Cop21 ...).

The aim of this first operation is to accelerate the international growth of the company and strengthen its R & D capacity to become the leading player in Europe and Asia.

Nicolas Celier, partner at Ring Capital, adds : " Hotel distribution on MICE segment is under-digitalised, and b network has the potential to define the standards in the industry. ‘’