M&A Deal Summary

Carlson Wagonlit Travel Acquires WorldMate

On October 31, 2012, Carlson Wagonlit Travel acquired internet software and services company WorldMate

Acquisition Highlights
  • This is Carlson Wagonlit Travel’s 1st transaction in the Internet Software and Services sector.
  • This is Carlson Wagonlit Travel’s 1st transaction in the United States.
  • This is Carlson Wagonlit Travel’s 1st transaction in California.

M&A Deal Summary

Date 2012-10-31
Target WorldMate
Sector Internet Software and Services
Buyer(s) Carlson Wagonlit Travel
Deal Type Add-on Acquisition
Advisor(s) Mooreland Partners LLC (Financial)

Target

WorldMate

Palo Alto, California, United States
WorldMate operates a mobile travel itinerary management platform accessible via a mobile application.

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Buyer(S) 1

Buyer

Carlson Wagonlit Travel

Diemen, Netherlands

Category Company
Sector Business Services
DESCRIPTION

One of the world's largest providers of corporate travel management services, servicing corporations in 120 countries. Combine CWT and Navigant to benefit from increased global scale, cost savings and deep supplier relationships.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2012 M&A 1 of 1