M&A Deal Summary

lastminute.com Acquires Lastminute.com

On December 16, 2014, lastminute.com acquired e-commerce company Lastminute.com from Sabre for 120M USD

Acquisition Highlights
  • This is lastminute.com’s 1st transaction in the E-Commerce sector.
  • This is lastminute.com’s largest (disclosed) transaction.
  • This is lastminute.com’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2014-12-16
Target Lastminute.com
Sector E-Commerce
Buyer(s) lastminute.com
Sellers(s) Sabre
Deal Type Divestiture
Deal Value 120M USD

Target

Lastminute.com

London, United Kingdom
website
Last Minute Network Ltd. (dba Lastminute.com) is an online travel and leisure retailer.

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Buyer(S) 1

Buyer

lastminute.com

Amsterdam, Netherlands

website

Category Company
Founded 2004
Sector Internet Software and Services
Employees1,150
Revenue 143M EUR (2021)
DESCRIPTION

lastminute.com is an online travel agency, or OTA, with a strong presence in Europe. Its web and mobile platforms enable consumers to easily search for, compare and book flights with both traditional airlines and low cost carriers, as well as hotel accommodation, package holidays, cruises, rental cars and other travel-related products and services. lastminute.com group was founded in 2004 and is based in Amsterdam, Netherlands.

DEAL STATS #
Overall 1 of 3
Sector (E-Commerce) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-10 Map2app

San Francisco, California, United States

Map2app, Inc. is an application to create travel guides for Iphone, Android and HTML5 enabled devices.

Buy -

Seller(S) 1

SELLER

Sabre

Southlake, Texas, United States

website

Category Company
Founded 2006
Sector Software
Employees7,531
Revenue 1.3B USD (2020)
DESCRIPTION
Sabre's corporate headquarters in Southlake, Texas.
Sabre's corporate headquarters in Southlake, Texas.

Sabre is a technology software provider to the travel and tourism industry. Sabre's software, data, mobile and distribution solutions are used by hundreds of airlines and thousands of hotel properties to manage critical operations, including passenger and guest reservations, revenue management, flight, network and crew management. Sabre was formed in 2006 and is based in Southlake, Texas.

DEAL STATS #
Overall 1 of 4
Sector (E-Commerce) 1 of 1
Type (Divestiture) 1 of 4
Country (United Kingdom) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-12 Genares Worldwide Reservation Services

Irving, Texas, United States

Genares, a global, privately-held hospitality technology company provides central reservations systems, revenue management and hotel marketing solutions to more than 2,300 independent and chain hotel properties.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-23 Travelocity.com

Southlake, Texas, United States

Travelocity is an online portal for booking travel needs - including car rentals, airline tickets, and hotel reservations. The Company was formed in 1996.

Sell $280M
Mergr

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