LoungeUp sold to D-EDGE

The provider of Hotel Guest Management SaaS solutions, joins D-EDGE, a global leader in hospitality distribution

M & A sell side 2024, March

“The entire LoungeUp team is thrilled about this new step, as we are confident it will significantly enhance the value we deliver to our common clients and speed up our development globally. We are simplifying hotel management by integrating operations through connected systems, automating tasks, and ultimately boosting the hotel's business—resulting in more bookings, increased booking value, and greater profitability. We believe that with LoungeUp integrated into the D-EDGE solution portfolio, hoteliers will require essentially two systems to ensure efficient operational and distribution management: D-EDGE and a Property Management System (PMS). This is a major change in the industry that suffers from a very fragmented IT environment.“

Mathieu Pollet, CEO and co-founder of LoungeUp

D-EDGE, a leader in hospitality technology, is thrilled to announce its acquisition of LoungeUp, a premier Customer Relationship Management (CRM) platform for the hospitality sector. This strategic move will further simplify the hospitality technology scene.

This acquisition marks a significant step towards providing the hospitality industry with a comprehensive and integrated suite of solutions covering every touchpoint of the hotel guest journey —from the initial search for accommodations through their full stay to converting guests into repeat visitors. The combined D-EDGE & LoungeUp solution meets the urgent needs of today's hotels: ensuring a consistent and superior guest experience, boosting revenue and profitability, while streamlining operations.

There are no planned changes in the current structure of either entity. The LoungeUp teams remain unchanged. Founders Mathieu Pollet and Lionel Tressens will lead the growth of the CRM/Guest Management divisions within the group. Clients of LoungeUp and D-EDGE will continue to receive the same level of support and service from their dedicated teams. This continuity will ensure a smooth transition and maintain the quality of service our clients are accustomed to.