eDreams, the Spanish online travel giant, has changed private equity hands once again.
In a deal
reportedly worth €250-300 million, the UK's
Permira has acquired a majority share in the site from its previous owner US private equity firm
TA Associates.
TA paid €153 million for the company in 2006 from its original VC backers, which included Apax Partners, Atlas Venture, BSCH, Doll Capital Management (DCM), Net Partners and 3IWhile Permira is said to be on the lookout for other, smaller online travel startups in Europe..