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  6. Seekda Acquires Regatta Travel Solutions

M&A Deal Summary

Seekda Acquires Regatta Travel Solutions

On September 7, 2016, Seekda acquired internet software and services company Regatta Travel Solutions

Acquisition Highlights
  • This is Seekda’s 1st transaction in the Internet Software and Services sector.
  • This is Seekda’s 1st transaction in the United States.
  • This is Seekda’s 1st transaction in Virginia.

M&A Deal Summary
Date 2016-09-07
Target Regatta Travel Solutions
Sector Internet Software and Services
Buyer(s) Seekda
Deal Type Add-on Acquisition

Target

Regatta Travel Solutions

Charlottesville, Virginia, United States
Regatta Travel Solutions enables hotels to increase direct bookings at a lower cost while improving the online booking experience for their guests. The company’s booking engine technology is unrivaled in the industry. Destination Marketing Organizations, across the globe, use Regatta’s system to attract and capture hotel and attraction bookings on their websites, creating the most cost-effective channel available for their partners. Regatta also offers a cutting-edge sports housing solution used by prominent sporting event companies and organizations

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Buyer(S) 1

Buyer

Seekda

Vienna, Austria
Category Company
Founded 2007
Sector Information Technology
DESCRIPTION

Seekda develops solutions for the hospitality industry to intelligently generate incremental bookings and maximize profits. Seekda provides the most advanced meta-search management platform available and combines conventional distribution channels such as direct booking and online channels with metasearch and other innovative distribution channels and allows Hotels maximum efficiency in the positioning in direct sales. Seekda was founded in 2007 and is based in Vienna, Austria.

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: Virginia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
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