KKR leads $50m growth round for GetYourGuide

Existing investors Spark Capital, Highland Capital Partners Europe and Sunstone Capital, alongside new investor Nokia Growth Partners, also participated in the round.

Since its founding in 2010, GetYourGuide has completed two bolt-ons: the company acquired Berlin-based peer-to-peer platform Gidsy in April 2013, and four months later bought New York-based IGottaGuide, a platform that connects tourists with local guides.

KKR funded the investment primarily from its balance sheet. The transaction is subject to customary closing conditions.

Previous funding
In August 2014, Spark and Highland Capital injected $25m into GetYourGuide as part of the firm's series-B round. Both investors participated in the company's $14m series-A round in January 2013.

Sunstone Capital invested in the business in a $4.5m series-A extension round led by two angel investors in early 2014. In March 2012, GetYourGuide raised $2m from PROfounders Capital and other investors.

Company
GetYourGuide in an online booking platform for travel activities such as tours, museums and events.

The company was launched in 2010 and is headquartered in Berlin, with additional offices in Zurich, Paris, London, Barcelona, Dubai and Las Vegas. It has 200 employees.

People
Johannes Reck is CEO and co-founder of GetYourGuide. Philipp Freise is head of the European Media & Digital Investment team at KKR.

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