Lyft enters Europe with €175M acquisition of ride-hailing provider FreeNow
Ride-hailing platform Lyft will establish its presence in Europe by acquiring Germany-based mobility provider FreeNow for €175 million. The deal is anticipated to closed in the second half of this year, “subject to customary closing conditions,” Lyft said in a release. Previously, Lyft’s ride-hailing operations were exclusive to the United States and
Lighthouse adds marketing tech with acquisition of The Hotels Network
Market intelligence platform Lighthouse has acquired The Hotels Network (THN), a marketing personalization technology that helps hotels drive direct sales. Terms of the deal have not been disclosed, but the acquisition enables Lighthouse to offer marketing technology services alongside its existing commercial intelligence platform. “The Hotels Network team has built
Mondee exits chapter 11 restructuring via acquisition
Tabhi has acquired travel marketplace Mondee Holdings, bringing the company out of Chapter 11 bankruptcy. Tabhi acquired all of Mondee’s assets and “strengthened its balance sheet by investing additional equity, significantly reducing debt and other obligations,” a statement said. The total investment amount was not disclosed. Tabhi—the new name for
Intrepid builds on $1B ambition with acquisition of Sawadee
Adventure specialist Intrepid Travel has acquired Dutch tour operator Sawadee Reizen from Travelopia. While terms of the deal were not disclosed, Intrepid Travel said in a statement that the acquisition of the Netherlands-based company will add $62 million in revenue and 20,000 customers a year to Intrepid. Get a dose
InteleTravel Announces Acquisition of Global Events Agency MGME
Mega-host travel agency InteleTravel has successfully acquired the leading full-service global events agency MGME (McVeigh Global Meetings & Events). Coming off of last year’s acquisition of corporate travel alliance Hickory Global Partners, the move positions the Delray Beach, Florida-based agency to excel in the lucrative MICE (meetings, incentives, conferences and
Mews boosts presence in APAC and UK markets with acquisition of Clarity
Hospitality technology provider Mews has acquired property and event management specialist Clarity Hospitality Software Solutions for an undisclosed sum. The purchase of Clarity Hospitality, increases Mews’ presence in the Asia Pacific region and the United Kingdom where it said it has grown its customer base in the past year by
Landfolk expands into Italy with acquisition of Danitalia
Vacation home rental specialist Landfolk has announced the acquisition of Danitalia, an Italy-based vacation home provider, for an undisclosed amount. The deal, which is Landfolk’s first acquisition, also sees Danitalia founder Elisabeth Hjorth join Landfolk at country manager for Italy. Italy is an obvious choice for expansion with strong demand
