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Announced

Completed

TripAdvisor completed the acquisition of SinglePlatform from Endurance International Group for $51m.

Financials

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Transaction Value£39m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Online and Social Platforms

Private

online platform

Completed

Majority

Single Bidder

Friendly

Acquisition

Synopsis

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TripAdvisor, a travel platform, completed the acquisition of SinglePlatform, a menu management company, from Endurance International Group, an IT services company, for $51m. "We could not be more excited to join forces with TripAdvisor. SinglePlatform's strength in the United States combined with TripAdvisor's global reach and advertising platform for restaurants perfectly positions our combined team to offer more solutions for owner-operators and multi-location brands everywhere to reach consumers at the moment they are looking for dining options," Josh Glantz, SinglePlatform Senior Vice President and General Manager.

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