HomeToGo SE successfully raised €85 million through the placement of 53.1 million new redeemable Class A shares to partially finance the acquisition of Interhome.

Information on the Target

HomeToGo SE, listed on the Frankfurt Stock Exchange under the ticker HTG, is a prominent player in the travel technology sector, specializing in vacation rentals. The company recently made headlines by successfully placing 53.125 million new redeemable Class A shares at a price of €1.60 each, generating gross proceeds of €85 million. This capital increase is executed through a private placement, which was announced on February 12, 2025.

The newly issued shares account for approximately 41.8% of HomeToGo's existing capital, raising the total equity from approximately €2.44 million to €3.46 million. The company is steering this strategic move towards the partial funding of its previously announced acquisition of Interhome, demonstrating HomeToGo's commitment to growth in the vacation rental industry.

Industry Overview in the Target’s Specific Country

The vacation rental market in Germany, where HomeToGo operates, has witnessed significant growth in recent years. As consumers increasingly prefer unique and personalized travel experiences, the demand for vacation