M&A Deal Summary

Trade Me Acquires BookIt

On January 12, 2010, Trade Me acquired internet software and services company BookIt

Acquisition Highlights
  • This is Trade Me’s 2nd transaction in the Internet Software and Services sector.
  • This is Trade Me’s 2nd transaction in New Zealand.

M&A Deal Summary

Date 2010-01-12
Target BookIt
Sector Internet Software and Services
Buyer(s) Trade Me
Deal Type Add-on Acquisition

Target

BookIt

Dunedin, New Zealand
BookIt is a booking and payment software provider for New Zealand tourism operators and re-sellers.

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Buyer(S) 1

Buyer

Trade Me

Wellington, New Zealand

Category Company
Founded 1999
Sector Internet Software and Services
Revenue 250M EUR (2018)
DESCRIPTION

Trade Me is a provider of the online marketplace and classified advertising platforms in New Zealand as well as the generalist marketplace for new and used goods. Trade Me Group was founded in 1999 and is based in Wellington, New Zealand.


DEAL STATS #
Overall 2 of 10
Sector: Internet Software and Services M&A 2 of 10
Type: Add-on Acquisition M&A Deals 1 of 7
Country: New Zealand M&A 2 of 10
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-01 AutoBase

Auckland, New Zealand

AutoBase Ltd. is an aggregator of listings from car, truck, motorcycle and boat dealers. AutoBase is also responsible for dealer relationship management and related software development.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-30 AutoBase

Auckland, New Zealand

AutoBase Ltd. is an aggregator of listings from car, truck, motorcycle and boat dealers. AutoBase is also responsible for dealer relationship management and related software development.

Buy -