Add-on Acquisition • Internet Software and Services

MakeMyTrip Acquires International Tours Centre Co.

On November 27, 2012, MakeMyTrip acquired internet software and services company International Tours Centre Co. for 3M USD

Acquisition Context
  • This is MakeMyTrip’s 5th transaction in the Internet Software and Services sector.
  • This is MakeMyTrip’s largest (disclosed) transaction.
  • This is MakeMyTrip’s 2nd transaction in Thailand.

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M&A Deal Summary

Date November 27, 2012
Target International Tours Centre Co.
Sector Internet Software and Services
Buyer(s) MakeMyTrip
Deal Type Add-on Acquisition
Deal Value 3M USD

Target Company

International Tours Centre Co.

Nonthaburi, Thailand
International Tours Centre Co., Ltd (ITC) focuses on catering corporate travel activities.
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Buyer Overview 1

Buyer

MakeMyTrip

Gurugram, India

Category Company
Founded 2000
Sector Internet Software and Services
Employees5,122
Revenue 978M INR (2025)
DESCRIPTION

MakeMyTrip is an online travel company provides access to all major domestic full-service and low-cost airlines, hotels and guesthouses. MakeMyTrip was founded in 2000 and is based in Gurugram, Haryana.


Deal Context for Buyer #
Overall 5 of 10
Sector: Internet Software and Services 5 of 10
Type: Add-on Acquisition 4 of 7
Country: Thailand 2 of 2
Year: 2012 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-06 Hotel Travel

Phuket, Thailand

Hotel Travel Ltd. is a provider of online travel information and hotel reservation service.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-01 Easytobook.com

Amsterdam, Netherlands

Easytobook.com is an online hotel operator.

Buy -