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New Deal


Announced

HarbourVest Partners invested in South Africa's Travelstart.

Financials

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Tags

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travel agency

Private Equity

Acquisition

online travel agent

Private

Travel and Tourism

South Africa

Synopsis

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HarbourVest Partners, a private equity fund of funds, invested in South Africa's Travelstart, a leading online travel company. Financial terms were not disclosed. “The partnership with HarbourVest is a confirmation of the future opportunity in online travel in this continent, our business and our team,” said Stephan Ekbergh, founder and CEO of Travelstart. “We are very excited to have them on board.”

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