Add-on Acquisition • Leisure

Yatra Online Pvt. Acquires Air Travel Bureau

On July 23, 2017, Yatra Online Pvt. acquired leisure company Air Travel Bureau

Acquisition Context
  • This is Yatra Online Pvt.’s 1st transaction in the Leisure sector.
  • This is Yatra Online Pvt.’s 3rd transaction in India.

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M&A Deal Summary

Date July 23, 2017
Target Air Travel Bureau
Sector Leisure
Buyer(s) Yatra Online Pvt.
Deal Type Add-on Acquisition

Target Company

Air Travel Bureau

Delhi, India
Air Travel Bureau Ltd. is a corporate travel service provider. ATB specializes in corporate travel management, MICE operations and leisure tourism. Air Travel Bureau Ltd. was founded in 1962.
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Buyer Overview 1

Buyer

Yatra Online Pvt.

Gurgaon, India

Category Company
Founded 2005
Sector Internet Software and Services
DESCRIPTION

Yatra Online Pvt. Ltd. provides information, pricing, availability, and booking facility for domestic and international air travel, domestic and international hotel bookings, holiday packages, buses, trains, in city activities, inter-city, and point-to-point cabs, homestays, and cruises. Yatra Online was founded in 2005 and is based in Gurgaon, India.


Deal Context for Buyer #
Overall 3 of 4
Sector: Leisure 1 of 1
Type: Add-on Acquisition 3 of 4
Country: India 3 of 4
Year: 2017 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-20 Travel-logs

Mumbai, India

Travel-logs is a provider of customised tours for corporates and educational institutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-08 PL Worldways

Chennai, India

PL Worldways Ltd. is a corporate travel service provider. PL Worldways is based in Chennai, India.

Buy -

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