In a resounding testament to its prominence in the travel technology sector, RateGain, a leading revenue maximization platform, recently announced a triumphant capital raise, securing an impressive $72 million. This strategic move, facilitated through a qualified institutional placement with participation
Category: Blog
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Apartool raises EUR 5.5 million in funding to fuel international expansion
Apartool, a B2B long-stay corporate housing provider, has recently announced the successful closure of a EUR 5.5 million funding round. The investment, led by ROCH Ventures and Barlon Capital, with the participation of Finaves, Telegraph Hill Capital, and Iberis Capital,
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General Atlantic strong to acquire a minority stake in Travel Boutique Online
Leading global growth equity investor, General Atlantic has agreed to acquire a minority stake in TBO Tek Ltd (TBO) from entities held by Affirma Capital.
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Lanes & Planes: Transforming Corporate Travel Dynamics with USD 33.2 Million Series B Investment
In a groundbreaking move, Munich's Lanes & Planes has successfully secured a substantial USD 33.2 million in a Series B funding round, led by U.S.-based investor Smash Capital. This significant investment cements Lanes & Planes' pivotal role in reshaping the
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TravelLocal raises USD 10.3 million in Series B funding to fuel global expansion
TravelLocal, a renowned online travel agency specializing in tailor-made trips across 93 countries, has successfully secured USD 10.3 million in Series B funding. This round is spearheaded by Puma Private Equity, a new investor in the company, and features participation
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Secret Escapes bolsters growth with GBP 31 million investment infusion
In a significant turn of events in July 2023, Secret Escapes, a prominent name in the luxury travel and hospitality industry, reached a major milestone in its journey by securing a substantial investment of approximately GBP 31 million. This influx
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Mews Strengthens North American Foothold with Hotello Acquisition
In the dynamic world of hospitality technology, Mews, a leading authority in cloud-based property management systems (PMS), has taken a strategic leap that promises to redefine its footprint in North America, with a particularly keen focus on the Canadian market.
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Wego's Strategic Expansion into Business Travel: Acquiring Travelstop
Wego. A prominent travel app for flight search and booking in the MENA (Middle East and North Africa) region, has made a strategic move into the business travel sector by acquiring Travelstop, a Singapore-based platform specializing in business travel and
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HotelPlanner Adds Lucid Travel to its Family of Brands
Hotelplanner, the leading event and hotel booking platform for group travel, recently acquired Lucid Travel, an innovative US-based travel management platform and booking engine for sports and tournament lodging. The amount of acquisition was not disclosed. With this acquisition, HotelPlanner
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Access group acquires Guestline to expand offerings to hotel sector
Access Group, a British software company, has recently completed the acquisition of Guestline, a leading hotel software company previously owned by Riverside Group since 2016. This strategic move by Access Group reflects its commitment to expanding its presence in the