.
MergerLinks Header Logo

New Deal


Announced

BGH Capital to acquire TripADeal.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For55%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Australia

Acquisition

IT Services: Other

Single Bidder

online travel agent

Friendly

Private

Travel and Tourism

Majority

Private Equity

Pending

Domestic

Synopsis

Edit

BGH Capital, an Australian private equity firm, agreed to acquire a 55% stake in TripADeal, local travel tech company. Financial terms were not disclosed. "We knew they were the ideal fit. BGH has significant experience in tourism and their partners share our vision for growth as the travel industry takes off post-Covid-19," Norm Black and Richard Johnston, TripADeal’s co-founding CEOs.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US