Campings.com has acquired Bungalow Booker, the leading Dutch booking platform for outdoor accommodations, aiming to strengthen its position as a top player in the European outdoor holiday market.
Target Information
Campings.com, the leading European online platform for outdoor accommodation bookings, has recently announced its acquisition of Bungalow Booker, the premier booking platform in the Netherlands. This acquisition positions Campings.com to exceed €200 million in business volume in 2023.
Bungalow Booker, established in 2002 by BookerZzz, operates the websites BungalowSpecials.nl and FerienparkSpecials.de. It has become the foremost platform for booking holidays in holiday parks across the Netherlands, a market valued at €1 billion, with two-thirds of the trips being booked for destinations abroad such as France, Spain, Belgium, and Italy.
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Industry Overview
The outdoor accommodation market in Europe has been experiencing significant growth, driven by a rising trend in domestic and international travel. In the Netherlands, Bungalow Booker's s
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Campings.com
invested in
Bungalow Booker
in 2023
in a Merger deal
Disclosed details
Transaction Size: $29M
Revenue: $218M
Equity Value: $27M
Multiples
P/Revenue: 0.1x