Latham & Watkins Advises Mainsail Partners in US$45 Million Growth Capital Investment in Inn-Flow

Inn-Flow, a leading provider of modern, all-in-one back-office management and accounting software specifically designed for hotels, announced a US$45 million growth capital investment from Mainsail Partners, a growth equity firm that specializes in partnering with vertical SaaS companies. This investment will help accelerate Inn-Flow’s ongoing product innovation, significantly enhance customer experience, and expand the team to better serve the evolving needs of hotel owners and management companies.

Latham & Watkins LLP represented Mainsail Partners in the transaction with a corporate deal team led by Boston/New York partner Kristen Grannis and associate Laki Triantafylidis, with associates Sue Kim, Sarah Weiswasser, and Payton Reisinger. Advice was also provided on tax matters by Bay Area partner Katharine Moir, with associate Jeremiah Cowen; on benefits matters by Boston partner Josh Friedman, with associate Rebecca Fishbein; on labor matters by Chicago counsel Laura Waller, with associate Jocelyn Wexler; on intellectual property matters by associates Matthew Snyder and Victoria Allen; on data privacy matters by Houston/Austin partner Robert Brown, with associate Priyanka Krishnamurthy; on anti-corruption and sanctions matters by Washington, D.C. partner Erin Brown Jones, with associate Monica Neligan; and on insurance matters by San Diego/Los Angeles counsel Hannah Cary, with associate Madeline Hodges.