HomeToGo acquires its biggest rival, Tripping.com

January 24, 2019

HomeToGo, a vacation rental marketplace based out of Germany, has an impressive inventory of over 15 million listings from more than 300 providers across the globe, has recently bought out its largest US rival, Tripping.com.

Headquartered in San Francisco, vacation home rental meta-search site Tripping has more than 10 million local properties in 150,000+ destinations

The financial terms of the acquisition have not been disclosed.

In conjunction with the acquisition, Princeville Global, which led Tripping’s US$35 million Series C investment round in December 2016, made a new investment into HomeToGo.

In December last year, HomeToGo closed its latest round of funding that brought its total raised to date to more than US$150 million (the invested amount was not revealed). The company’s current investors include Insight Venture Partners (lead), Acton Capital Partners, DN Capital and Global Founders Capital. This group has recently expanded with investments from Lakestar and Princeville Global, among others

Read more here

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January 24, 2019

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