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  5. Fareportal Acquires tripcombi UG

M&A Deal Summary

Fareportal Acquires tripcombi UG

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

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

M&A Deal Summary
Date 2016-06-23
Target tripcombi UG
Sector Internet Software and Services
Buyer(s) Fareportal
Deal Type Add-on Acquisition

Target

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(S) 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 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
Country: Germany M&A 1 of 1
Year: 2016 M&A 1 of 1
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