Add-on Acquisition • Internet Software and Services

Qantas Acquires TripADeal

On May 24, 2022, Qantas acquired internet software and services company TripADeal

Acquisition Context

This is Qantas’ 1st transaction in the Internet Software and Services sector.
This is Qantas’ 2nd transaction in Australia.

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M&A Deal Summary
Date	May 24, 2022
Target	TripADeal
Sector	Internet Software and Services
Buyer(s)	Qantas
Deal Type	Add-on Acquisition

Target Company

TripADeal

Byron Bay, Australia

TripADeal is an online travel agent provides deals & holiday packages at amazing prices. TripADeal was founded in 2011 and is based in Byron Bay, Australia.

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Buyer Overview 1

Buyer

Qantas

Mascot, Australia

Category	Company
Founded	1920
Sector	Airlines
Employees	20,000
Revenue	19.5B AUD (2023)

DESCRIPTION

Qantas is a domestic and international airline. Qantas Airways operates regional, domestic, and global services. The Group's broad portfolio of subsidiary businesses encompasses Qantas Freight Enterprises and Qantas Frequent Flyer. Qantas was founded in 1920 and is based in Mascot, Australia.

Deal Context for Buyer	#
Overall	2 of 2
Sector: Internet Software and Services	1 of 1
Type: Add-on Acquisition	2 of 2
Country: Australia	2 of 2
Year: 2022	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2013-08-28	Qantas Defence Services Pty Mascot, Australia Qantas Defence Services Pty Ltd. is a provider of integrated logistics, sustainment and modernization support to Australian government and military customers.	Sell	-

DATE

TARGET

DEAL TYPE

VALUE

2013-08-28

Qantas Defence Services Pty

Mascot, Australia

Qantas Defence Services Pty Ltd. is a provider of integrated logistics, sustainment and modernization support to Australian government and military customers.

Sell

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