About Scandic Hotels
Scandic Hotels is a company based in Stockholm (Sweden) founded in 1963 was acquired by Accent Equity Funds in April 2007.. Scandic Hotels has completed 3 acquisitions, including Restel, Rica Hotels and Themayor.
- Headquarter Stockholm, Sweden
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Restel
& 2 more
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Acquired by
Accent Equity Funds
(Apr 30, 2007)
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Sales and Marketing
56 people
Software Development Team
28 people
Human Resources and Administration
16 people
General Team
16 people
Finance and Accounting
12 people
Leadership Team
11 people
Head Team
9 people
Product Management Team
8 people
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Funding Insights of Scandic Hotels
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Scandic Hotels
Scandic Hotels has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Accent Equity. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Accent Equity is engaged in private equity investments in Nordic companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Scandic Hotels
Scandic Hotels has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Restel, Rica Hotels and Themayor. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Food listings and reviews are enabled through an online platform.
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2013 | ||||
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Hotels are operated by Rica Hotels in Norway.
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2002 | ||||
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Themayor is operated from Denmark under the domain themayor.dk.
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0 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Scandic Hotels
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Scandic Hotels Comparisons
Competitors of Scandic Hotels
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Scandic Hotels
When was Scandic Hotels founded?
Scandic Hotels was founded in 1963.
Where is Scandic Hotels located?
Scandic Hotels is headquartered in Stockholm, Sweden.
What does Scandic Hotels do?
Provider of hotel accommodations and meeting spaces. This company offers a variety of hotel brands catering to different needs and budgets. They also provide venues for meetings and conferences, with various sized spaces available. A loyalty program offers members discounts on stays and meals. The company emphasizes sustainability initiatives and provides a range of food and beverage options in their restaurants and bars. They also feature new hotel openings and renovations.
How many acquisitions has Scandic Hotels made?
Scandic Hotels has made 3 acquisitions, including Restel, Rica Hotels, and Themayor.
Who are Scandic Hotels's investors?
Scandic Hotels has 1 investor. Key investors include Accent Equity.