Sidley represented Sixth Street in its Series E growth equity investment of Guesty, Inc. (“Guesty”), a property management platform for the short-term rental and hospitality industry. Guesty raised a US$170 million funding round, led by Sixth Street alongside Apax Digital Funds and MSD Partners. Existing investors Viola Growth and Flashpoint also participated in the round. The Series E capital will be used to accelerate Guesty’s international business growth and support the growing needs of hospitality operators.
The Sidley team was led by partners Alexander B. Temel and Daniel S. Rawner (M&A and Private Equity), and included Sumanjit Mehmi and Kelsey Kehoe (M&A and Private Equity); James Mendenhall and Andrew W. Shoyer (Global Arbitration, Trade and Advocacy); Alan Charles Raul (Privacy and Cybersecurity); and David M. Katz and Benjamin L. Nager (Securities Enforcement and Regulatory).