M&A Deal Summary

Travelocity.com Acquires Site59.com

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

Acquisition Highlights
  • 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.

M&A Deal Summary
Date 2002-03-27
Target Site59.com
Sector Consumer Services
Buyer(s) Travelocity.com
Deal Type Add-on Acquisition

Target

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(S) 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 STATS #
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
Mergr

Product

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