IDS Next Expands Its Reach with ShawMan Software Acquisition

Deal News | Mar 26, 2025 | EIN

IDS Next Expands Its Reach with ShawMan Software Acquisition

IDS Next, a leading global provider of software solutions for the hospitality sector, has completed its acquisition of ShawMan Software, a company specializing in point of sales, table booking, spa management, and club management technology. The acquisition was initially initiated in 2022 and culminated with the facilitation of the National Company Law Tribunal in India. This strategic movement underscores IDS Next's commitment to delivering a comprehensive end-to-end technology ecosystem for hospitality operations across various verticals, including hotels, restaurants, wellness, and events. With a vision to redefine hospitality through state-of-the-art solutions integrating AI, the merger supports IDS Next's mission to enhance customer capacities and foster innovation in the sector. ShawMan's existing customers will benefit from IDS Next's infrastructure, support, and integrated solutions, while IDS Next's clientele will enjoy an expanded range of services. IDS Next remains a dominant player in the market, trusted by many renowned brands like Wyndham Hotels, Taj Hotels, and Louvre Hotels Group, offering its solutions in over 50 countries.

Sectors

  • Hospitality Technology
  • Enterprise Software
  • Acquisition and Mergers

Geography

  • India – The acquisition is facilitated through the National Company Law Tribunal, indicating a significant geographical focus on India where the tribunal operates.
  • Global – IDS Next operates in over 50 countries and serves an international clientele, reflecting a global reach in its operations and strategy.

Industry

  • Hospitality Technology – The article is centered around the acquisition of a software company that provides hospitality solutions, highlighting advancements and integrations in hospitality technology.
  • Enterprise Software – Both IDS Next and ShawMan Software specialize in enterprise-grade software solutions, specifically in ERP systems tailored for the hospitality industry.
  • Acquisition and Mergers – The main focus of the article is the acquisition of ShawMan Software by IDS Next, illustrating an M&A event within the technology and hospitality sectors.

Financials

    Participants

    NameRoleTypeDescription
    IDS NextAcquiring CompanyCompanyA leading hospitality solutions provider offering full-stack ERP solutions, IDS Next is known for its comprehensive technology services in the hospitality sector globally.
    ShawMan SoftwareTarget CompanyCompanyShawMan Software specializes in point of sales, table booking, spa management, and club management technologies for the hospitality industry.
    Binu MathewsCEO of IDS NextPersonAs CEO, Binu Mathews is a pivotal figure in the strategic direction and completion of the acquisition, aiming to enhance the company’s technology ecosystem.
    Jimmy ShawFounder of ShawMan Software and Director at IDS NextPersonInstrumental in merging ShawMan with IDS Next, he continues to hold a leadership role post-acquisition.
    National Company Law Tribunal, IndiaFacilitator of AcquisitionGovernmentThis judicial body in India facilitated the acquisition process, making it a key participant in finalizing the merger.