April 2020

Travix / Trip

Financing raise in connection with acquisition by Trip.com

  • Travix is a global online travel company operating in 39 countries from offices in the Netherlands, Australia, Curaçao, Germany, India, Singapore, the UK and the USA, with 5 brands and an extensive portfolio of 43 websites;
  • NASDAQ-listed Trip.com Group and the BCD Group officially closed the Share Purchase Agreement for the acquisition of the shares of Travix on 21 April 2020;
  • Per the preference of Trip.com, Avaxa assisted Travix in raising stand-alone financing required for Travix to continue its operations following the acquisition by Trip.com; and
  • Throughout the process we were in continuous dialogue with the (prospective) Chinese buyer Trip.com to keep them fully aligned to the process.