M&A Deal Summary

Webjet Acquires JacTravel

On August 2, 2017, Webjet acquired internet software and services company JacTravel from Vitruvian Partners for 200M GBP

Acquisition Highlights
  • This is Webjet’s 2nd transaction in the Internet Software and Services sector.
  • This is Webjet’s 0th largest (disclosed) transaction.
  • This is Webjet’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2017-08-02
Target JacTravel
Sector Internet Software and Services
Buyer(s) Webjet
Sellers(s) Vitruvian Partners
Deal Type Add-on Acquisition
Deal Value 200M GBP

Target

JacTravel

London, United Kingdom
JacTravel Ltd. is a hotel bed-bank business providing tour operators, travel agents and online retailers with access to hotel beds at more than 10,000 independent and small chain hotels. JacTravel Ltd. was established in 1975 and is based in London, UK.

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Buyer(S) 1

Buyer

Webjet

Melbourne, Australia

Category Company
Founded 1998
Sector Internet Software and Services
Employees1,800
Revenue 471M AUD (2024)
DESCRIPTION

Webjet is a travel booking website. Webjet was founded in 1998 and is based in Melbourne, Australia.


DEAL STATS #
Overall 2 of 3
Sector: Internet Software and Services M&A 2 of 3
Type: Add-on Acquisition M&A Deals 2 of 3
Country: United Kingdom M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-06 Online Republic

Auckland, New Zealand

Online Republic is a travel group specialising in cruise, car rental and motorhome travel bookings.

Buy $59M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-05 Destinations Of The World

Dubai, United Arab Emirates

Destinations Of The World (DOTW) is a state of the art user-friendly online system developed exclusively for the Travel Trade. Obtain access to net wholesale rates and real-time inventory for over 160,000 hotels & apartments in more than 10,000 destinations worldwide.

Buy $173M

Seller(S) 1

SELLER

Vitruvian Partners

London, United Kingdom

Category Private Equity Firm
Founded 2006
PE ASSETS 20.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Vitruvian Partners is an independent private equity firm that specializes in middle-market buyouts, growth buyouts and growth capital investments in the UK and elsewhere in Northern Europe. Vitruvian looks for companies that are 'operating in dynamic situations, where there is an opportunity to build strategic value'. The Group's target investment size is €40 to €600 million in transactions valued between €75m to €4bn. Sectors of interest include business services, consumer services, financial services, life science, healthcare services, media, technology, communications, and internet software. Vitruvian Partners was formed in 2006 and is based in London.


DEAL STATS #
Overall 9 of 25
Sector: Internet Software and Services M&A 3 of 6
Type: Add-on Acquisition M&A Deals 4 of 11
Country: United Kingdom M&A 9 of 17
Year: 2017 M&A 1 of 3
Size (of disclosed) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-01 Pine Labs

Noida, India

Pine Labs offers a merchant platform that includes technology and financial solutions for merchants to help them in increasing their revenue, reducing the cost and complexity of running a business, and managing the risks involved. Pine Labs was founded in 1998 and is based in Noida, Uttar Pradesh.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-29 Carwow

London, United Kingdom

Carwow is a car research and buying website that is transforming the way the UK buys and sells new cars. Consumers can research, select and configure new cars before receiving up-front, no-haggle offers from UK franchised dealers. Carwow was founded in 2011 and is based in London, United Kingdom.

Buy -