TowerBrook Acquires Controlling Stake in CarTrawler
May 19, 2020
TowerBrook Capital Partners has made a controlling equity investment in CarTrawler, providing in excess of €100 million to strengthen the company's balance sheet and accelerate growth as travel demand recovers. The investment positions CarTrawler to expand its travel technology platform and scale its partnerships with airlines, OTAs and car-rental firms.
- Targets
- CarTrawler
- Industry
- Transportation
- Location
- Dublin, Ireland
- Transaction Type
- Buyout
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