M&A Deal Summary

Etraveli Acquires Scanworld TravelPartner AB

On October 26, 2010, Etraveli acquired internet software and services company Scanworld TravelPartner AB for 227M SEK

Acquisition Highlights
  • This is Etraveli’s 5th transaction in the Internet Software and Services sector.
  • This is Etraveli’s largest (disclosed) transaction.
  • This is Etraveli’s 3rd transaction in Sweden.

M&A Deal Summary
Date 2010-10-26
Target Scanworld TravelPartner AB
Sector Internet Software and Services
Buyer(s) Etraveli
Deal Type Add-on Acquisition
Deal Value 227M SEK
Advisor(s) EOC Partners LLP (Financial)

Target

Scanworld TravelPartner AB

Sundbyberg, Sweden
Scanworld TravelPartner AB provides business travel, conference tour, and event services online to companies and organizations in Sweden and internationally.

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Buyer(S) 1

Buyer

Etraveli

Uppsala, Sweden
Category Company
Founded 2000
Sector Internet Software and Services
Revenue 640M SEK (2014)
DESCRIPTION

Etraveli is a global technology provider for flights focused on offering the best possible flight content delivered through flexible tech solutions to the consumer and any company facing the consumer. Through its own consumer brands like Gotogate, Mytrip, Flightnetwork and through global partnerships with the likes of Google Flights, Skyscanner, Kayak, Booking.com and others the company provides search, book and fulfilment services of flights and related products. Etraveli was formed in 2000 and is based in Uppsala, Sweden.

DEAL STATS #
Overall 5 of 8
Sector (Internet Software and Services) 5 of 6
Type (Add-on Acquisition) 3 of 6
Country (Sweden) 3 of 3
Year (2010) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-09-01 Gotogate.no

Oslo, Norway

Gotogate.no is an an online travel agency. Gotogate provides inspiration and information about travel.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-14 Flygresor - Swedish Travel Network

Norway

Buy -
Mergr

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