M&A Deal Summary

NextTrip Acquires Five Star Alliance

On November 5, 2024, NextTrip acquired internet software and services company Five Star Alliance

Acquisition Highlights
  • This is NextTrip’s 1st transaction in the Internet Software and Services sector.
  • This is NextTrip’s 2nd transaction in the United States.
  • This is NextTrip’s 1st transaction in District of Columbia.

M&A Deal Summary

Date 2024-11-05
Target Five Star Alliance
Sector Internet Software and Services
Buyer(s) NextTrip
Deal Type Add-on Acquisition

Target

Five Star Alliance

Washington, District of Columbia, United States
Five Star Alliance is an online luxury travel agency, offering the most comprehensive, hand-picked collection of five-star luxury hotels and resorts. Five Star Alliance was founded in 2005 and is based in Washington, District Of Columbia.

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Buyer(S) 1

Buyer

NextTrip

Sunrise, Florida, United States

Category Company
Sector Software
Revenue 1.7B USD (2021)
DESCRIPTION

NextTrip is a provider of in-process quality assurance (IPQA) software to the additive manufacturing industry under the PrintRite3D brand. NextTrip specializes in the development and commercialization of real-time monitoring and analytics solutions. NextTrip is based in Sunrise, Florida.


DEAL STATS #
Overall 2 of 4
Sector: Internet Software and Services M&A 1 of 2
Type: Add-on Acquisition M&A Deals 2 of 4
State: District of Columbia M&A 1 of 1
Country: United States M&A 2 of 4
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-07 NextTrip

Sunrise, Florida, United States

NextTrip (Old) is a technology-driven platform delivering solutions for business and leisure travel. NextTrip Leisure provides individual and group travelers with vacations to the most popular and sought-after destinations in Mexico, the Caribbean and across the world. NextTrip (Old) is based in Sunrise, Florida.

Buy $48M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-04-07 JOURNY

Los Angeles, California, United States

JOURNY is an adventure and travel-themed FAST (Free Ad-Supported Streaming TV) channel, curates immersive programming centered on exploration and global culture. JOURNY is based in Los Angeles, California.

Buy -