M&A Deal Summary

Snaptrip Acquires LateRooms

On November 27, 2019, Snaptrip acquired internet software and services company LateRooms

Acquisition Highlights
  • This is Snaptrip’s 1st transaction in the Internet Software and Services sector.
  • This is Snaptrip’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2019-11-27
Target LateRooms
Sector Internet Software and Services
Buyer(s) Snaptrip
Deal Type Add-on Acquisition

Target

LateRooms

Manchester, United Kingdom
LateRooms Ltd. is a provider of online low-cost, late availability hotel rooms. LateRooms was founded in 1999 and is based in Manchester, United Kingdom.

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Buyer(S) 1

Buyer

Snaptrip

Hatfields, United Kingdom

Category Company
Founded 2014
Sector Internet Software and Services
DESCRIPTION

Snaptrip is an online travel booking platform providing exclusive discounts for last-minute UK holiday cottages. Snaptrip was founded in 2014 and is based in Hatfields, United Kingdom.


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
Country: United Kingdom M&A 1 of 1
Year: 2019 M&A 1 of 1