M&A Deal Summary

HBX Group Acquires HolidayTaxis Group

On November 14, 2018, HBX Group acquired leisure company HolidayTaxis Group

Acquisition Highlights
  • This is HBX Group’s 1st transaction in the Leisure sector.
  • This is HBX Group’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2018-11-14
Target HolidayTaxis Group
Sector Leisure
Buyer(s) HBX Group
Deal Type Add-on Acquisition

Target

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.

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Buyer(S) 1

Buyer

HBX Group

Palma de Mallorca, Spain

Category Company
Founded 2001
Sector Leisure
Employees5,000
DESCRIPTION

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 2 of 2
Sector: Leisure M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-21 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.

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