Cheapflights Parent Momondo Group Hires Banker For Possible Sale
Skift Take
Momondo officials are quick to point out that the Momondo Group is doing well, is seeking an investment, and that retaining strategic advisors is not a sign of weakness, but such a motivation is not out of the question when any company mulls strategic alternatives.
The UK-based Momondo Group, which operates travel metasearch and deals sites in more than 30 markets under the Momondo and Cheapflights brands, has hired UK-based investment bank Arma Partners to mull investment and sales options.
Momondo Group has been approached in recent months by a handful of private equity and travel companies about investments after publicizing its first quar
