Arma Partners advises Lanes & Planes on its growth capital raise
Arma Partners is pleased to announce that it has acted as exclusive financial advisor to Lanes & Planes on its Series B financing led by Smash Capital, with participation from existing shareholders, Battery Ventures, coparion, DN Capital and All Iron.
Founded in 2017 and headquartered in Munich, Lanes & Planes is the leading corporate travel SaaS platform for SME and enterprise clients in Europe. The company offers an end-to-end solution for travel management and expense handling, while providing the largest multi-modal inventory in the business travel industry.
The funding will enable Lanes & Planes to expand its reach and further enhance its innovative corporate travel solutions aimed at eliminating any friction for its clients before, during and after travel.
This transaction underlines the position of Arma Partners’ Private Capital practice as a trusted advisor to fast-growing companies and their founders across Europe and our ability to execute transactions successfully in challenging market conditions. The transaction further reaffirms Arma Partners’ experience as a leading specialist advisor in Travel Technology and underscores the firm’s strong position in DACH with the fourth growth capital raise in the last 12 months.