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January 23, 2007

Homeaway Buys French Abritel - Samwers Join The Equity

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The French company behind Abritel.fr, a vacation property rental platform, has been acquired by US-based HomeAway (which has been financed to the tune of $160M for a global online property rental play) for an undisclosed amount, reports eyefortravel.com.

HomeAway also has taken an investment from the European Founders Fund GmbH, the investment vehicle run by brothers Marc, Oliver and Alexander Samwer who will be helping with the European expansion.
Read - HomeAway, Inc., the US-based owner of www.Holiday-Rentals.co.uk, has acquired Abritel.fr (eyefortravel)
Read - HomeAway Has The Cash (alarm:clock)

Posted on January 23, 2007 07:11 AM | Posted to News And Updates | Permalink

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