IHS GmbH reports change of ownership / Private equity company Battery Ventures acquires 100 per cent of the group's shares

Frankfurt (ots) - IHS GmbH, a provider of technology and marketing
solutions to the global hotel industry, announces that Battery
Ventures, a private investment firm focused on technology and
innovation worldwide, has acquired all of the group's shares from
Kings Park Capital (KPC), an independent equity investment firm based
in London, UK.

The transaction will enable IHS and its brands to build upon its
customer-centric focus, drive continued organic growth, and pursue
acquisition opportunities. In conjunction with the investment,
Battery Executive in Residence, Steve Rowley, joins IHS as Chairman
and CEO, and Battery's Dave Tabors and Morad Elhafed join its Board
of Directors. Financial details of the transaction were not
disclosed.

IHS currently operates four business units under its umbrella,
serving as a one-stop shop to the global hospitality industry: the
international hotel group Worldhotels; the leading CRS provider Trust
International; the sales management solutions provider Nexus World
Services; and the training and benchmarking specialist IFH® Institute
For Hospitality Management. The company supports 20,000 hotels in 65
countries, reaching approximately 120 million guests and helping its
hospitality customers generate more than $3 billion in room revenue
each year.

Battery's relevant experience in the travel industry includes
investments in ITA Software (acquired by Google), Duetto Research
(US), GoEuro (Berlin, Germany), HotelTonight (US), and Sabre (US).
For a complete list of Battery?s investments visit:
www.battery.com/our-companies/list.

IHS' new Chairman and CEO, Steve Rowley, is taking over from David
Richardson, who served as Chairman of the Supervisory Board as well
as from Michael Ball, the company's former CEO. Steve Rowley is an
experienced software executive with more than 20 years of technical,
operational and sales experience in a variety of sectors. He joins
IHS from Torex where he served as CEO. "Since joining the Battery
team and working alongside them on the due diligence for this
investment, I have been impressed with the IHS management team, track
record, product set and happy customers," says Steve Rowley, incoming
Chairman and CEO.

"Having Battery as a strategic and financial partner will help
accelerate growth and continue to deliver high quality, innovative
solutions to customers worldwide. This is a large and strategic
market and I look forward to working with the team to fuel both
organic growth and to aggressively pursue acquisitions to expand the
value we can deliver to customers."

About IHS GmbH:

As a powerful international player, IHS GmbH creates added value
for hotel groups and independent hotels by drawing on the combined
resources and expertise of all its businesses.

IHS was established in 2007 as a unique portfolio of companies
serving the hospitality industry with a wide range of technology,
distribution and service solutions. Operating under the umbrella of
IHS are the leading global CRS provider, Trust International; one of
the leading groups for independent hotels worldwide, Worldhotels; the
global provider of training and benchmarking solutions, IFH®
Institute For Hospitality Management and the provider of total sales
management solutions for hotels, Nexus.

With a client portfolio of over 100 international hotel groups and
more than 20,000 of serviced hotels, the company offers branding
support, distribution technology, e-commerce, sales force management,
marketing, training as well as mystery shopping.

About Battery Ventures:

Since 1983, Battery has been investing in category-defining ideas
and high potential companies and management teams worldwide. The firm
views its investment as a true partnership, and works hard to help
its companies carve out unique positions, dominate markets and reach
business goals. Battery funds companies in technology and related
markets at the Seed, Early, Growth and Buyout stage. For a full list
of Battery's companies go to:
http://www.battery.com/our-companies/list/.

The firm has offices in Boston, Silicon Valley and Israel, and has
raised more than $4.5B since inception. For more information, visit
www.battery.com and follow @BatteryVentures.

For further information please contact:

Veronika Bahnmann
Worldhotels
vbahnmann@worldhotels.com

or

Alice Zoellner
Trust International
azoellner@trustinternational.com