M&A Deal Summary |
|
|---|---|
| Date | 2021-11-23 |
| Target | Etraveli |
| Sector | Internet Software and Services |
| Buyer(s) | Booking.com |
| Sellers(s) | CVC Capital Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 1.6B EUR |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Company |
|---|---|
| Founded | 1997 |
| Sector | Internet Software and Services |
| Employees | 24,000 |
| Revenue | 21.4B USD (2023) |
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 | 20 of 20 |
| Sector (Internet Software and Services) | 18 of 18 |
| Type (Add-on Acquisition) | 19 of 19 |
| Country (Sweden) | 1 of 1 |
| Year (2021) | 2 of 2 |
| Size (of disclosed) | 1 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-12 |
Getaroom
Dallas, Texas, United States 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. |
Buy | $1.2B |
| Category | Private Equity Firm |
|---|---|
| Founded | 1981 |
| PE ASSETS | 177.0B EUR |
| Size | Mega |
| Type | Sector Agnostic |
CVC Capital Partners is a global private equity firm focused on investments in large companies located in Europe, North America, and Asia. CVC looks for opportunities with stable cash flows and talented management, and will consider businesses in a variety of industries. Target sectors include textiles, industrial products, waste management, building materials, energy/utilities, business services, financial services, distribution, healthcare, media, semiconductors, and gaming. CVC can handle transactions valued from €200 million to €10 billion. CVC Capital Partners was formed in 1981 and is based in Luxembourg.
| DEAL STATS | # |
|---|---|
| Overall | 163 of 173 |
| Sector (Internet Software and Services) | 4 of 5 |
| Type (Add-on Acquisition) | 58 of 63 |
| Country (Sweden) | 4 of 4 |
| Year (2021) | 12 of 15 |
| Size (of disclosed) | 15 of 54 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-18 |
Lipton Teas and Infusions
Rotterdam, Netherlands Lipton Teas and Infusions runs a tea business with world-class purpose-driven brands such as Lipton, PG tips, T2, TAZO, and Pukka. The company picks, cultivates, and nurtures various blends of brews and people. With 11 production factories in 4 continents and tea estates in 3 countries, Lipton Teas and Infusions is a profitable and growing business offering a world of wellbeing through the regenerative power of plants to hundreds of millions of consumers. Lipton Teas and Infusions was formed in 2021 and is based in Rotterdam, Netherlands. |
Buy | €4.5B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-26 |
Munchy Food Industries
Klang, Malaysia Munchy Food Industries produces and distributes handmade biscuits, wafers, and wafer sticks in Malaysia and internationally. Munchy Food Industries provides crackers, sandwiches, plain sweets, chocolate-based and cookies, assorted treats, and sandwich biscuits. Munchy Food Industries was founded in 1991 and is based in Klang, Malaysia. |
Sell | - |
