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Rentivo buys fellow vacation rental tech provider Klik.Villas

06/16/2017| 2:34:25 PM| 中文

The UK Rentivo buys fellow vacation rental tech provider Klik.Villas to to expand into a new geographic market and to shift into the luxury end of the sector.

Vacation rental tech house Rentivo has acquired Klik.Villas, a competitor in the sector that focuses on the Asia-Pacific region.

Terms of the deal have not been disclosed.

Rentivo is fresh from raising $425,000 in capital from a crowd-funding campaign earlier this year on the CrowdCube platform.

The acquisition of Klik will give Rentivo the opportunity to expand into a new geographic market, as well as shift into the luxury end of the sector.

Rentivo is a SaaS-based platform which combines a number of tools and services, including rental owner website design, payment technology, channel management, third party widgets and translation engines.

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TAGS: Klik.Villas | Rentivo | acquisition | vacation rental
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