M&A Deal Summary

Enero Group Acquires Hotwire

On June 30, 2022, Enero Group acquired internet software and services company Hotwire from Expedia

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

M&A Deal Summary

Date 2022-06-30
Target Hotwire
Sector Internet Software and Services
Buyer(s) Enero Group
Sellers(s) Expedia
Deal Type Divestiture

Target

Hotwire

San Francisco, California, United States
Hotwire is a discount travel website that offers low-prices on airfare, hotel, rental car, and vacation packages by selling off unsold travel inventory at a discounted price. Hotwire was founded in 1999 and is based in San Francisco, California.

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Buyer(S) 1

Buyer

Enero Group

Pyrmont, Australia

Category Company
Founded 2000
Sector Marketing
Employees750
Revenue 187M AUD (2025)
DESCRIPTION

Enero Group is a specialist portfolio of marketing, technology and communications businesses. Enero Group was founded in 2000 and is headquartered in Prymont, Austalia.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1

Seller(S) 1

SELLER

Expedia

Seattle, Washington, United States

Category Company
Founded 1996
Sector Internet Software and Services
Employees16,500
Revenue 13.7B USD (2024)
DESCRIPTION
Expedia's corporate headquarters in Bellevue, Washington.
Expedia's corporate headquarters in Bellevue, Washington.

Expedia is an online travel company that provides business and leisure travelers with technology, tools and information to research, plan, book and experience travel. Expedia was founded in 1996 and is based in Seattle, Washington.


DEAL STATS #
Overall 6 of 6
Sector: Internet Software and Services M&A 5 of 5
Type: Divestiture M&A Deals 3 of 3
State: California M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-14 ALICE

New York, New York, United States

ALICE is an all-in-one hospitality operations platform that enables hotel staff to do their most impactful work without all the guesswork. Alice provides tools for Guest Service, Housekeeping, Maintenance, and Service Delivery with a focus on accountability and efficiency. ALICE was founded in 2013 and is based in New York City.

Sell -