M&A Deal Summary

OYO Rooms Acquires Weddingz

On August 13, 2018, OYO Rooms acquired internet software and services company Weddingz

Acquisition Highlights
  • This is OYO Rooms’ 3rd transaction in the Internet Software and Services sector.
  • This is OYO Rooms’ 4th transaction in India.

M&A Deal Summary

Date 2018-08-13
Target Weddingz
Sector Internet Software and Services
Buyer(s) OYO Rooms
Deal Type Add-on Acquisition

Target

Weddingz

Mumbai, India
L-Fast Brands Pvt. Ltd. is an online platform that allows users to find wedding venues, photographers, makeup artists, decorators and caterers. L-Fast Brands Pvt. Ltd. was founded in 2015 and is based in Mumbai, India.

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Buyer(S) 1

Buyer

OYO Rooms

Gurgaon, India

Category Company
Founded 2011
Sector Internet Software and Services
DESCRIPTION

OYO Rooms is an online platform for guests and hosts to meet and arrange for bookings of accommodations. OYO Rooms was formed in 2011 and is based in Gurgaon, India.


DEAL STATS #
Overall 4 of 5
Sector (Internet Software and Services) 3 of 3
Type (Add-on Acquisition) 4 of 5
Country (India) 4 of 4
Year (2018) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-10 AblePlus Solutions Pvt.

Mumbai, India

AblePlus Solutions Pvt. Ltd. is an Internet of Things (IoT) technology company. AblePlus enable remote monitoring and remote management of rooms, hotels, hostels and guesthouses. AblePlus Solutions Pvt. Ltd. is based in Mumbai, India.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-20 G6 Hospitality

Carrollton, Texas, United States

G6 Hospitality owns, operates and franchises economy lodging locations under the Motel 6 brand and the Studio 6 Extended Stay brand. G6 Hospitality is based in Carrollton, Texas.

Buy $525M