Warburg Pincus-backed Duetto snaps up Micerate

Micerate provides pricing and online booking tools for meetings and event spaces.

  • Warburg invested in Duetto in 2017
  • Duetto is a cloud-based hotel revenue management software provider
  • Warburg is a global growth investor based in New York

Duetto, backed by Warburg Pincus, has acquired Micerate, a pricing and online booking tools provider for meetings and event spaces.

Micerate is based in Germany.

“Beyond dynamically pricing groups and events for increased revenue, Micerate introduces a sophisticated booking engine directly integrated into the hotel’s brand site, streamlining operations and saving valuable time for meetings and event teams,” said David Woolenberg, CEO, Duetto. “Our customers seek three essential elements from Duetto: enhanced revenue generation, precise forecasting, and operational efficiencies – Micerate delivers on all fronts.”

Warburg invested in Duetto in 2017.

Duetto is a cloud-based hotel revenue management software and revenue strategy service provider. It is based in San Francisco, California.

No financial details of the transaction were disclosed.

Warburg is a global growth investor headquartered in New York.