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
Related deals
Rindegastos has been acquired by Visma
Rindegastos S.p.A. has been acquired by Visma. The transaction involved the sale of 100% of the company, with 60% of the shares transferred at closing and the remaining shares to be sold through deferred payments, contingent on Rindegastos’ future performance. This structure aims to align incentives around the company’s continued growth and expansion, ensuring a change of control that reflects Rindegastos’ long-term vision and expectations.
Learn moreBolster Investment Partners has acquired a majority stake in Eternal Sun
Bolster Investment Partners, a Netherlands-based investment firm, has acquired a majority stake in Eternal Sun, a global technology leader in advanced solar panel testing equipment, from ABN AMRO Sustainable Impact Fund, a private impact fund based in the Netherlands, and Vermec, a Belgium-based investment firm.
Learn moreBriconord has completed its fourth LBO with ODDO BHF
Briconord, a French designer and distributor of furniture and hardware solutions, has been acquired by a consortium of investors led by ODDO BHF in its fourth leveraged buyout (LBO).
Learn more