Berlin — HomeToGo, the world’s largest search engine for vacation rentals, has acquired CASAMUNDO GmbH for an undisclosed sum from the @Leisure Group, a leading operator of online rental portals for vacation properties in Europe, in which Axel Springer holds a majority stake. Vogel Heerma Waitz advised its long-standing client HomeToGo on this transaction.
The company CASAMUNDO, which employs more than 100 people in Hamburg, remains an important sales partner for the brands of the @Leisure Group such as Belvilla, DanCenter and Danland. The website of CASAMUNDO offers over 700,000 vacation accommodations worldwide.
Tobias Wann, CEO @Leisure Group: “The focus of our strategy is the further development of our full-service offerings such as Belvilla and Dan Center as well as our self-service offering Dream Holiday Apartments. The sale of CASAMUNDO is therefore a logical step. We believe that CASAMUNDO has found an excellent new owner in HomeToGo for the further expansion of its market presence and the @Leisure Group has found an excellent distribution partner at the same time.”
CASAMUNDO operates an online portal for the procurement of vacation homes and apartments. HomeToGo is the world’s largest search engine for vacation rentals. The cooperation is intended to further improve the search for vacation accommodation.
About @Leisure Group
The @Leisure Group is one of the leading operators of online vacation accommodation portals in Europe. The Amsterdam-based group of companies includes full-service providers such as Belvilla, Dancenter and Danland, with which it handles the entire rental process for property owners. In addition, the online booking platform Traum-Ferienwohnungen also belongs to the company. The goal of @Leisure Group is to create happy and unforgettable memories for guests, owners and partners. Since January 2015, the @Leisure Group is part of Axel Springer SE, the leading digital publisher in Europe.
Advisors to HometoGo: Vogel Heerma Waitz
Dr. Jan Heerma (Partner) , Dr. Clemens Waitz (Partner), Olga Balandina-Luke (Partner), Claas Hohlweger (Associate), Dr. Simon Pfefferle (Associate), Anika Lepage (Associate), Linus Korherr (Associate), Anne Leßner (Associate)
About Vogel Heerma Waitz
Vogel Heerma Waitz is a Berlin-based law firm specializing in growth capital, technology and media that has been in operation since May 2014 and can draw on a total of over 50 years of experience of its now five partners in connection with growth capital financings.