Genstar Capital acquires TravelCLICK
TravelCLICK is an e-marketing firm that resells hotel rooms for chains like Accor Hospitality and La Quinta Inns. It was founded in 1999 and is based in Schamburg, Illinois.
The company was jointly held by its founders and investor Bain Capital Ventures. With the Genstar acquisition, Bain is re-investing in the firm, and will continue to hold a minority stake.
The acquisition by Genstar Capital, a San Francisco-based private equity firm, was for an undisclosed amount.
Next Story: ANDA Networks files for Nasdaq IPO
Previous Story: Events site going strong
About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.