Wimdu Merges with 9flats.com

Torch Partners advised Wimdu on its combination with 9flats, which was subsequently acquired by an affiliate of Wyndham Worldwide (NYSE:WYN).  Backed by Rocket Internet (XTRA:RKET) and Kinnevik (OM:KINV), Wimdu is a leading vacation rental platform based in Berlin with 300,000+ available properties. This transaction adds to Torch’s track record of working with many of the world’s most exciting online travel companies, including Secret Escapes and Cartrawler.

Torch Partners acted as exclusive financial adviser to Wimdu.

Price undisclosed

M&A

November 2016