M&A Deal Summary |
|
|---|---|
| Date | 2017-04-21 |
| Target | GTA Travel |
| Sector | Consumer Services |
| Buyer(s) | HBX Group |
| Sellers(s) | Kuoni Reisen Holding AG |
| Deal Type | Divestiture |
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HBX Group is an independent global business to business (‘B2B’) bedbank. HBX Group provide the travel industry with access to hotel rooms from an inventory of approximately 170,000 hotels in more than 180 countries. HBX Group also provides transfers, excursions and tours, meetings and events and cruise handling services. HBX Group client base includes online travel agencies, traditional travel agencies, travel re-sellers, tour operators, and airlines. HBX Group was founded in 2001 and is based in Palma de Mallorca, Spain.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector: Consumer 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: 2017 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-11-14 |
HolidayTaxis Group
East Sussex, United Kingdom HolidayTaxis Group is a provider of high quality, cost-effective transfer and wider mobility solutions. HolidayTaxis Group provides a wide range of private and shared vehicles, including airport taxis, shared shuttles, mini buses, luxury limousines, wheelchair accessible vehicles, electric cars and even helicopters. HolidayTaxis Group was founded in 2002 and is based in East Sussex, United Kingdom. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1906 |
| Sector | Consumer Services |
| Employees | 11,934 |
| Revenue | 5.6B USD (2014) |
Kuoni Reisen Holding AG is a service provider to the global travel industry with three divisions, Global Travel Distribution (GTD), Global Travel Services (GTS) and VFS Global.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Consumer 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: 2017 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-03-08 |
GTA Travel
Los Angeles, California, United States GTA Travel provides travel services. The Company offers hotel accommodation, ground travel products, and related services to the travel trade. |
Buy | $720M |
