Add-on Acquisition • Internet Software and Services

Booking.com Acquires RentalCars.com

On June 30, 2003, Booking.com acquired internet software and services company RentalCars.com

Acquisition Context
  • This is Booking.com’s 2nd transaction in the Internet Software and Services sector.
  • This is Booking.com’s 2nd transaction in the United States.
  • This is Booking.com’s 1st transaction in Pennsylvania.

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M&A Deal Summary

Date June 30, 2003
Target RentalCars.com
Sector Internet Software and Services
Buyer(s) Booking.com
Deal Type Add-on Acquisition

Target Company

RentalCars.com

Penn Valley, Pennsylvania, United States
RentaCars.com is an online reservation service of car rentals. Users can reserve cars through the major rental companies on a discounted, published-price basis.
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Buyer Overview 1

Buyer

Booking.com

Norwalk, Connecticut, United States

Category Company
Founded 1997
Sector Internet Software and Services
Employees24,057
Revenue 23.7B USD (2024)
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 and is based in Norwalk, Connecticut.


Deal Context for Buyer #
Overall 2 of 20
Sector: Internet Software and Services 2 of 18
Type: Add-on Acquisition 2 of 19
State: Pennsylvania 1 of 1
Country: United States 2 of 8
Year: 2003 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-06-03 Lowestfare.com

Las Vegas, Nevada, United States

Lowestfare.com is an online discount retailer of airline tickets and other travel packages. It was formed in 1995.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-05-04 Travelweb

Dallas, Texas, United States

Travelweb LLC is a travel distribution company. Travelweb was founded by InterContinental, Hilton Hotels, Marriott International, Starwood Hotels and Hyatt.

Buy -