VC-backed HomeAway buys Stayz for $198 mln
HomeAway, a Austin, Texas-based online marketplace for vacation rentals, said Wednesday that it has acquired Stayz Group for approximately $198 million in cash. The seller was Fairfax Digital, a subsidiary of Fairfax Media. Stayz is the publisher of Stayz.com.au and an online vacation rental marketplace in Australia. HomeAway is backed by Austin Ventures, Redpoint Ventures, Institutional Venture Partners, Trident Capital, American Capital, Technology Crossover Ventures and Google Ventures.
4 December 2013•4 mins read
