M&A Deal Summary

Expedia Acquires Wotif Group

On July 7, 2014, Expedia acquired internet software and services company Wotif Group for 658M USD

Acquisition Highlights
  • This is Expedia’s 9th transaction in the Internet Software and Services sector.
  • This is Expedia’s 3rd largest (disclosed) transaction.
  • This is Expedia’s 1st transaction in Australia.

M&A Deal Summary
Date 2014-07-07
Target Wotif Group
Sector Internet Software and Services
Buyer(s) Expedia
Deal Type Add-on Acquisition
Deal Value 658M USD

Target

Wotif Group

Milton, Australia
Wotif operates a network of travel and leisure booking websites. The Company was formed in 2002.

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Buyer(S) 1

Buyer

Expedia

Seattle, Washington, United States
Category Company
Founded 1996
Sector Internet Software and Services
Employees17,100
Revenue 12.8B USD (2023)
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 13 of 22
Sector (Internet Software and Services) 9 of 16
Type (Add-on Acquisition) 9 of 17
Country (Australia) 1 of 1
Year (2014) 2 of 2
Size (of disclosed) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-27 Auto Escape Group

London, United Kingdom

Auto Escape is a French car rental broker. Auto Escape Group offers leisure customers all-inclusive car hire services via its two brands: Auto Escape and Car del Mar. The company enjoys an international reach, ensuring rental car availability with almost 300 suppliers in 125 countries. Through its multi-channel model, Auto Escape Group provides negotiated prices and packages.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-23 Travelocity.com

Southlake, Texas, United States

Travelocity is an online portal for booking travel needs - including car rentals, airline tickets, and hotel reservations. The Company was formed in 1996.

Buy $280M
Mergr

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