The Paris Office of Morgan Lewis with the assistance of teams from London and Frankfurt, advised Easyvoyage group on the acquisition of two UK and German comparison and travel deals websites Dealchecker and TravelJungle, and an online e-marketing agency FSI.
The acquistion of Dealchecker, leading UK price comparison and travel deals website, TravelJungle, top German price comparison website, operating in Germany, UK and Spain, and an online e-marketing agency FSI, which manages four million active subscribers, strengthens Easyvoyage’s position which is now presented as a European major leader on its market.
These deals have been closed for a global amount of more than EUR10m.
Created in 2000 by Jean-Pierre Nadir, Easyvoyage is a travel portal offering editorial content, price comparison, hotel reviews, travel deals and a community forum. The group covers the five main European markets: France, UK, Germany, Spain and Italy, and has 3.4 million unique users per month.
The company is a EUR17.5m turnover in 2010, with 3.4 million unique users per month.
With these three additions, Easyvoyage aims to double involve its turnover en 2011 with EUR32m.
