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  6. Lola Travel Co. Acquires Room 77

M&A Deal Summary

Lola Travel Co. Acquires Room 77

On November 15, 2016, Lola Travel Co. acquired internet software and services company Room 77

Acquisition Highlights
  • This is Lola Travel Co.’s 1st transaction in the Internet Software and Services sector.
  • This is Lola Travel Co.’s 1st transaction in the United States.
  • This is Lola Travel Co.’s 1st transaction in California.

M&A Deal Summary
Date 2016-11-15
Target Room 77
Sector Internet Software and Services
Buyer(s) Lola Travel Co.
Deal Type Add-on Acquisition

Target

Room 77

Mountain View, California, United States
Room 77, Inc. is an online portal that allows travelers to search, compare and book hotels. Room 77, Inc. was established in 2009 and is headquartered in Mountain View, California.

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Buyer(S) 1

Buyer

Lola Travel Co.

Boston, Massachusetts, United States
Category Company
Founded 2015
Sector Internet Software and Services
DESCRIPTION

Lola Travel Co., Inc. is a travel company that provides on-demand, personal travel service through a smartphone app.

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
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
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