Recent Deals - Written by Danvers on Monday, January 24, 2011 5:56 - 0 Comments
Zoombu zooms off to Scotland and Skyscanner
In December our long term client, Zoombu packed its trunk and headed off to Edinburgh to join flight comparison site, Skyscanner, in a deal which saw Skyscanner acquire the talent and assets of Zoombu. We’re sorry to see Rachel, Alistair and co leave London for the chilly north but are delighted that Zoombu has achieved an exit in such a short space of time following their funding by SBS which closed in December 2009.
The deal was announced recently on the Skyscanner blog, which reported that the acquisition would allow Skyscanner to focus on new modes of transport, apart from flights, with the first addition being rail travel.
Speaking exclusively to Bootlaw.com, Zoombu founder Rachel Armitage commented on our role in the deal: “Danvers and Barry have been invaluable advisors to Zoombu and we’ve been privileged to work with them on the Skyscanner acquisition and throughout. We got to know them through Bootlaw, which I’d recommend to any tech start-up in London, and have been hugely appreciative of their pragmatic advice and generosity with their knowledge and experience”
- European Flight Search Site Skyscanner Buys Travel Startup Zoombu (webpronews.com)
- Travel search engine Skyscanner acquires Zoombu (eu.techcrunch.com)