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  5. Skyscanner Acquires Distinction Kft.

M&A Deal Summary

Skyscanner Acquires Distinction Kft.

On October 21, 2014, Skyscanner acquired internet software and services company Distinction Kft.

Acquisition Highlights
  • This is Skyscanner’s 4th transaction in the Internet Software and Services sector.
  • This is Skyscanner’s 1st transaction in Hungary.

M&A Deal Summary
Date 2014-10-21
Target Distinction Kft.
Sector Internet Software and Services
Buyer(s) Skyscanner
Deal Type Add-on Acquisition

Target

Distinction Kft.

Budapest, Hungary
Distinction Kft. is a mobile app development and design specialists. Distinction Kft. is based in Budapest, Hungary.

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Buyer(S) 1

Buyer

Skyscanner

Edinburgh, United Kingdom
Category Company
Sector Internet Software and Services
DESCRIPTION

Skyscanner Ltd. is a global travel search site, providing online comparisons for millions of flights on over a thousand airlines, as well as car hire and hotels.

DEAL STATS #
Overall 4 of 5
Sector: Internet Software and Services M&A 4 of 5
Type: Add-on Acquisition M&A Deals 4 of 5
Country: Hungary M&A 1 of 1
Year: 2014 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-25 Youbibi

Shenzhen, China

Youbibi is a travel search and trip planning website. Youbibi was founded in 2010 and is based in Shenzhen, China.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-09 Twizoo

London, United Kingdom

Twizoo Ltd. is an artificial intelligence platform that automatically discovers and displays social media content across brand's website. Twizoo Ltd. was founded in 2013 and is based in London, United Kingdom.

Buy -
Mergr

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