RMS Cloud

Our investment in RMS

RMS Cloud (‘RMS’) is a developer of cloud-based Property Management Software that is used by accommodation providers (e.g.  hotels, motels, serviced apartments, resorts and holiday park operators) to manage the day-to-day functions of their properties. Headquartered in Melbourne, RMS has users in over 70 countries and 170+ staff across Australia, Europe and the Middle East, Asia and North America. RMS’ software supports mission critical functions for its customers including front end functions (e.g.  guest reservations, check-in/outs, channel management) and back-end functions (e.g. house-keeping, reporting and analytics).

 

The Opportunity

RMS is an opportunity for Advent Partners to partner with the company’s Founder to support continued scaling in offshore markets as well as supporting the broadening of RMS’ offering in relevant adjacencies.

How We Help

In collaboration with the RMS Management team, we are supporting key initiatives to enhanced customer experience and continue to build the systems and procedures to scale internationally.

Investment Information

Fund: Advent Partners 3
Deal Type: Growth
Sector: Technology
Inv. Date: December 2023
Inv. Team: Brad Lynch, Symon Vegter, Hesh Dantanarayana, Annabelle Simkiss

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