Hostelbookers.com Limited has been acquired by Web Reservations International
August 2013 — 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.
Our role in the transaction
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
Valuation advisory has been provided to a co-investor in VDK
EMK Capital has transferred VDK Groep B.V. from EMK Capital Partners Fund I into the newly established US$1.4 billion single-asset continuation fund, the EMK VDK Partnership Fund, alongside a co-investment from EMK Capital Partners Fund III. The transaction, co-led by LGT Capital Partners and Coller EQT, provides existing investors with the opportunity to retain their exposure to VDK while securing additional capital to support the company’s continued growth and buy-and-build strategy.
Learn moreBe-Cloud has been acquired by PSG Equity
Be-Cloud, backed by B&Capital since 2021, has been acquired by PSG Equity, a leading growth equity firm specializing in software and technology-enabled services. The transaction marks the full exit of B&Capital and the reinvestment of Be-Cloud’s founders, Lenny and Sébastien Vercruysse, alongside PSG Equity.
Learn moreMattina Holding has sold a 5% stake in Gens Aurea via accelerated bookbuild
Mattina Holding S.A. (DVC Partners) has sold a 5% stake in Italian company Gens Aurea S.p.A. through an accelerated bookbuild, raising approximately US$69.96 million.
Learn more