Hostelbookers.com Limited has been acquired by Web Reservations International
HostelBookers.com Limited (HostelBookers), a leading UK online travel agency in the hostel and budget accommodation sector, has been acquired by Web Reservations International (WRI). The financial terms of this transaction have not been disclosed.
HostelBookers, which was founded in 2003, has quickly grown into a leading provider of budget accommodation, and currently has a portfolio of more than 20,000 properties in over 3,500 locations.
Dublin-based WRI provides technology, distribution and marketing solutions to accommodation and other travel suppliers worldwide through a network of owned sites and affiliate partners. It is a portfolio company of leading private equity investor Hellman & Friedman. WRI was founded in 1999 and has representative offices in Shanghai, Sydney and São Paulo.
Oaklins Smith & Williamson, based in the UK, acted as corporate finance advisor to the seller in this transaction.
Talk to the deal team
Brian Livingston
Oaklins Evelyn Partners
Related deals
Pragmatics has been acquired by World of Talents
Pragmatics, a Netherlands-based leading provider of interim finance consultants, has been acquired by World of Talents (holding above House of Talents in Belgium and The Human Network in the Netherlands), an international HR group with a focus on profiles that are scarce and in high demand. By joining forces, Pragmatics and World of Talents will accelerate growth in the market for financial talents.
Learn moreAareon AG has sold phi-Consulting GmbH to the management team
Aareon AG has sold phi-Consulting GmbH to the company’s management team.
Learn moreNova Consulting Group becomes majority shareholder in Egde Consulting
Nova Consulting Group AS (NOVA) has become the new majority owner of Egde Consulting AS (Egde). With the acquisition, NOVA will significantly improve its foothold in the Norwegian market. The founders and existing employee-shareholders of Egde will retain a significant part of their shareholding in the company and the new ownership model will give all employees in Egde the opportunity to take part in the long-term value creation as co-owners of the company.
Learn more