Add-on Acquisition • Consumer Services

Travelocity.com Acquires Site59.com

On March 27, 2002, Travelocity.com acquired consumer services company Site59.com

Acquisition Context
  • This is Travelocity.com’s 1st transaction in the Consumer Services sector.
  • This is Travelocity.com’s 1st transaction in the United States.
  • This is Travelocity.com’s 1st transaction in New York.

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M&A Deal Summary

Date March 27, 2002
Target Site59.com
Sector Consumer Services
Buyer(s) Travelocity.com
Deal Type Add-on Acquisition

Target Company

Site59.com

New York, New York, United States
Site59.com LLC is a provider of online travel packages to leisure travelers in New York.
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Buyer Overview 1

Buyer

Travelocity.com

Southlake, Texas, United States

Category Company
Founded 1996
Sector Internet Software and Services
Employees1,554
DESCRIPTION

Travelocity is an online portal for booking travel needs - including car rentals, airline tickets, and hotel reservations. The Company was formed in 1996.


Deal Context for Buyer #
Overall 1 of 1
Sector: Consumer Services 1 of 1
Type: Add-on Acquisition 1 of 1
State: New York 1 of 1
Country: United States 1 of 1
Year: 2002 1 of 1