Add-on Acquisition • Internet Software and Services

Fareportal Acquires tripcombi UG

On June 23, 2016, Fareportal acquired internet software and services company tripcombi UG

Acquisition Context
  • This is Fareportal’s 1st transaction in the Internet Software and Services sector.
  • This is Fareportal’s 1st transaction in Germany.

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M&A Deal Summary

Date June 23, 2016
Target tripcombi UG
Sector Internet Software and Services
Buyer(s) Fareportal
Deal Type Add-on Acquisition

Target Company

tripcombi UG

Berlin, Germany
tripcombi is an online flight metasearch platform that can save consumers up to 80% in airfares compared to competitors by leveraging its proprietary technology to find unique flight combinations.
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Buyer Overview 1

Buyer

Fareportal

New York, New York, United States

Category Company
Founded 1976
Sector Internet Software and Services
DESCRIPTION

Fareportal, Inc. is a technology company that powers hybrid travel agencies like CheapOair, OneTravel, and Travelong, a veteran corporate travel agency.


Deal Context for Buyer #
Overall 1 of 1
Sector: Internet Software and Services 1 of 1
Type: Add-on Acquisition 1 of 1
Country: Germany 1 of 1
Year: 2016 1 of 1