Home > > Hotel consolidator JacTravel sold for $135 million to Vitruvian Partners

Hotel consolidator JacTravel sold for $135 million to Vitruvian Partners

06/26/2014| 11:41:03 AM| 中文

JacTravel, a UK-based hotel consolidator and inbound travel service provider, has been sold to private equity group Vitruvian Partners for $135 million.

Vitruvian gets its hands on JacTravel from Bowmark Capital, a fellow private equity firm which acquired JacTravel in August 2007.

Under its new ownership, JacTravel says it will accelerate investment in technology and continue pursuing growth in these markets – USA, Australasia, China and Russia.

JacTravel partners with over 12,500 independent and chain hotels in 800 cities globally and processes about one million bookings per year.

Read more.

TAGS: hotel distribution | OTA | hotel wholesale | acquisition
©2022 广州力矩资讯科技有限公司 粤ICP备06070077号
Tell us more about yourself!