Almosafer Travel and Tourism Company
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Almosafer Travel and Tourism Company - overview
Established
2012
Location
Riyadh, -, Saudi Arabia
Primary Industry
Travel & Leisure
About
Founded in 2012 and based in Riyadh, Saudi Arabia, Almosafer Travel and Tourism Company provides a booking platform for travelers. The firm is one of the companies of the Seera Group. In September 2022, Public Investment Fund agreed to acquire a 30% minority stake in Almosafer Travel and Tourism Company for SAR 1. 55 billion.
The company offers a platform through which travelers can book hotels, flights, chalets, and many more. The firm offers multiple options for its users by offering 1. 5 million hotels around the world and flights for thousands of destinations with more than 450 airlines. Additionally, the firm also offers different types of packages such as holiday packages, sports packages, cruise packages, domestic tourism packages, tutorial packages, and many more.
Furthermore, the company provides summer camps, sightseeing, and other activities. Apart from this firm provides charter or private jets, train tickets, transfers, and car rentals.
Current Investors
Public Investment Fund
Primary Industry
Travel & Leisure
Sub Industries
Travel & Tourism, Hotels & Accommodations
Website
www.almosafer.com
Verticals
Mobile Apps
Total Amount Raised
Subscriber access only
Almosafer Travel and Tourism Company - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct, Trade Sale | Completed | Almosafer Travel and Tourism Company | - |
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