Booking Holdings, a provider of online travel and related services, will acquire Getaroom, a B2B distributor of hotel rooms, from Court Square Capital Partners for $1.2 billion.
Getaroom will roll into Booking’s Priceline brand and combine with the Priceline Partner Network, which provides hotel, flight, and rental car supply, technology and customer support to travel-booking websites like AAA Travel and HotelPlanner.com. The newly formed business unit will improve B2B distribution for hotel partners and provide the company with more accommodations technology.
The S&C team advising Booking on the transaction includes Brian Hamilton, Keith Pagnani, John Karol, Alice Billmire and Matt Strand. Matthew Friestedt, Tiffany Wooley and Jenny Cha are advising on executive compensation and benefits matters. David Spitzer and John Jo are advising on tax matters. Mehdi Ansari, Ryan Logan, Rachel Yu, William Bekker and Kaley Sokolowski are advising on privacy and intellectual property.
Subscribe to stay current on S&C Insights.
Sending an e-mail through this web site does not create an attorney-client relationship. You should not send us any information through this web site that you would want treated confidentially.