M&A Deal Summary

Booking.com Acquires Getaroom

On November 12, 2021, Booking.com acquired internet software and services company Getaroom from Court Square Capital Partners for 1.2B USD

Acquisition Highlights
  • This is Booking.com’s 17th transaction in the Internet Software and Services sector.
  • This is Booking.com’s 4th largest (disclosed) transaction.
  • This is Booking.com’s 8th transaction in the United States.
  • This is Booking.com’s 2nd transaction in Texas.

M&A Deal Summary
Date 2021-11-12
Target Getaroom
Sector Internet Software and Services
Buyer(s) Booking.com
Sellers(s) Court Square Capital Partners
Deal Type Add-on Acquisition
Deal Value 1.2B USD

Target

Getaroom

Dallas, Texas, United States
website
Getaroom is a B2B-focused distributor of hotel rooms primarily serving leisure travelers within or traveling to North America. The company's mission is to simplify the complexity and costs of global distribution for hotels and deliver a single supplier solution for partners around the world that desire to offer a hospitality experience to their members, employees or customers. Getaroom was formed in 2009 and is based in Dallas, Texas.

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Buyer(S) 1

Buyer

Booking.com

Norwalk, Connecticut, United States

website

Category Company
Founded 1997
Sector Internet Software and Services
Employees21,384
Revenue 17.1B USD (2022)
DESCRIPTION
Entrance to Booking office in Amsterdam, the Netherlands.
Entrance to Booking office in Amsterdam, the Netherlands.

Booking.com is a provider of online travel and related services, offers customers and partners in over 220 countries through six primary brands - Booking.com, KAYAK, priceline.com, agoda.com, Rentalcars.com and OpenTable. Booking was incorporated in 1997 as Priceline and is based in Norwalk, Connecticut.

DEAL STATS #
Overall 19 of 20
Sector (Internet Software and Services) 17 of 18
Type (Add-on Acquisition) 18 of 19
State (Texas) 2 of 2
Country (United States) 8 of 8
Year (2021) 1 of 2
Size (of disclosed) 4 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-02 Venga

Washington, District of Columbia, United States

Venga is a guest management platform for restaurants and other businesses. Venga's SaaS technology enables its clients to enhance and personalize the customer experience.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-23 Etraveli

Uppsala, Sweden

Etraveli is a global technology provider for flights focused on offering the best possible flight content delivered through flexible tech solutions to the consumer and any company facing the consumer. Through its own consumer brands like Gotogate, Mytrip, Flightnetwork and through global partnerships with the likes of Google Flights, Skyscanner, Kayak, Booking.com and others the company provides search, book and fulfilment services of flights and related products. Etraveli was formed in 2000 and is based in Uppsala, Sweden.

Buy €1.6B

Seller(S) 1

SELLER

Court Square Capital Partners

New York, New York, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1968
PE ASSETS 6.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Court Square Capital Partners (CSCP) is a generalist private equity firm that seeks middle market company investments across the US. CSCP looks to partner with management teams to accelerate revenue growth and improve operating efficiency. Sectors of interest include business services, building products, chemicals, consumer products, food products/services, healthcare, aerospace/defense, manufacturing, media, technology, telecommunications, and transportation. Court Square Capital Partners was formerly known as Citigroup Venture Capital Equity Partners. The Group spun out of Citigroup and became independent in 2006. CSCP is based in New York City.

DEAL STATS #
Overall 49 of 53
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 24 of 24
State (Texas) 4 of 5
Country (United States) 46 of 50
Year (2021) 3 of 3
Size (of disclosed) 8 of 21
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-19 Connatix

New York, New York, United States

Connatix is dedicated to helping publishers and advertisers deliver premium video experiences. The end-to-end platform features the leading online video player, turn-key monetization formats, and an integrated ad server and exchange that were purpose-built for video. Additionally, the company has leveraged AI and automation technologies to build product offerings, including first-to-market contextual targeting and insights solutions and the recently unveiled Marketplace, a rich content library filled with dynamically updated videos that are created by Connatix for publishers. Connatix was formed in 2014 and is based in New York, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-03 Medical Knowledge Group

New York, New York, United States

Medical Knowledge Group address the business needs of biopharmaceutical companies through the provision of network-mapping analytics, patient-finding analytics, and multi-channel marketing solutions. Medical Knowledge Group was formed in 2004 and is based in New York.

Sell -
Mergr

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