With 15 offices in 12 countries, Advent has established a globally integrated team of over 250 private equity investment professionals across North America, Europe, Latin America and Asia. The firm has invested in over 380 private equity investments across 42 countries, and as of September 30, 2021, had €75 billion in assets under management. About Advent Internationalįounded in 1984, Advent International is one of the largest and most experienced global private equity investors. This will further strengthen and accelerate its position as a leading software and technological services provider for hotels globally. Originally founded in Dortmund in 1994, protel has built a reputation as one of the most experienced and successful global providers of hospitality technology and its software is currently used in more than 14,000 hotels across 93 different countries.Īdvent and Eurazeo will work in partnership with protel’s management to continue building on the company’s world-class technology and deliver new innovations to customers faster. Advent International (“Advent”), one of the largest and most experienced global private equity investors, and Eurazeo, a leading global investment company, today announce the completion of their acquisition of protel hotelsoftware GmbH (“protel”), a global leader in developing technology and service solutions specifically for the hospitality sector.
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