Announced
Completed
Financials
Tags
Acquisition
Single Bidder
hospitality
hotel booking
e-commerce
online platform
E-commerce
United States
Domestic
Private Equity
Friendly
Majority
Private
Completed
Synopsis
Booking, a provider of online travel and related services, completed the acquisition of Getaroom, a B2B distributor of hotel rooms, from Court Square Capital Partners, a private equity firm, for $1.2bn. "The combination of Getaroom and the Priceline Partner Network will enable accelerated growth behind our shared vision of delivering a more robust solution for our customers and affiliates and greatly simplify the complexity of global distribution for our hotel partners," Matt Davis, Getaroom CEO.
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