NewTravelco acquires hotel information site TravelPost

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
 
 
ACQUISITION 
FDN Database Reference:  F231109-371
 
According to Tnooz, NewTravelco has acquired Kayak’s TravelPost from Kayak. Kayak also becomes an investor in NewTravelco.

Kayak acquired TravelPost when they bought SideStep in late 2007.  NewTravelco raised $9.8 million in a funding round earlier this month.  

Aprox. Value:  Undisclosed
 
Acquirer:  NewTravelco
ACQ Web:  http://www.newtravelco.com
Other Web Links: Blog
Location:  USA, Seattle, WA
Region:  North America
Description:  Travel start-up
Category:  Travel
Contact 1:  Greg Slyngstad, President
Contact 2:  Sunil Shah, CTO
Contact 3:  Rich Barton, Chairman 
 
Vendor:  Kayak
Vendor Web:  http://www/kayak.com
Business Sold: TravelPost
Other Web Links: http://www.travelpost.com
Location:  USA, Concord, MA
Region:  North America
Description:  TravelPost is a hotel information site. KAYAK is a travel search site.
Category: Travel
Contact 1:  Steve Hafner, CEO, Kayak
Contact 2:  Paul English, CTO, Kayak
 
Link: Tnooz report

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