Tripping.com, the US-based vacation rental meta-search site, has been acquired by Berlin-based HomeToGo GmbH, the world’s largest vacation rental search engine. In conjunction with the acquisition, Princeville Global, who led Tripping’s Series C investment round, made a new investment into HomeToGo.
Jen O’Neal, co-founder and former CEO of Tripping.com said in a statement, “I’m extremely happy with the acquisition of Tripping by HomeToGo, and bringing together these two strong brands. The combination of the two companies validates the market opportunity that my co-founder Jeff Manheimer and I set out to prove when we launched Tripping.com in 2011. I applaud the efforts of the entire management team and fellow directors, including in particular Matt Krna from Princeville Global, in bringing this transaction to a successful conclusion.”
Matt Krna, Managing Partner at Princeville Global, stated, “We are excited to have the opportunity to invest in HomeToGo, the clear global market leader, and, by so doing, reaffirm our initial investment thesis: that consumers can benefit from the same aggregation of fragmented supply, price discovery, and rich search capabilities when booking their vacation rentals that they have historically enjoyed in researching flights and hotel rooms. We look forward to working closely with Patrick and the HomeToGo team.”