HomeAway Paid Nearly $16.8 Million for Acquisition of Property Management App
Skift Take
HomeAway made an opportunistic acquisition of the Glad to Have You app in March for nearly $16.8 million. That's a relatively tiny acquisition for HomeAway and fits nicely with its strategy to enhance the guest experience. That's especially true given the oversized valuations of potential acquisition targets around the world this year.
HomeAway disclosed in a Securities and Exchange Commission filing that it paid nearly $16.8 million to acquire a vacation rental property management app, Glad to Have You, in March.
HomeAway hadn't revealed the purchase price until the financial filing last week.
The app, which was already available to property managers, was introduced to individ
