Hostaway announces $175 million strategic growth investment led by PSG

Avance advises Hostaway, a leading all-in-one vacation rental software and management system, in the $175 million strategic growth investment led by PSG, a leading growth equity firm partnering with software and technology-enabled services companies to help accelerate their growth. Hostaway was the first property management and channel management software company to earn the highest partnership designations from the three leading online travel agencies, Airbnb, VRBO and Booking.com, and has a global footprint with hubs in Finland, Canada, and Spain.