Announced
Financials
Sources
Tags
Australia
Acquisition
IT Services: Other
Single Bidder
online travel agent
Friendly
Private
Travel and Tourism
Majority
Private Equity
Pending
Domestic
Synopsis
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.
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