Getaroom Sold to Private Equity Firm Court Square Capital Partners
Skift Take
Did Hotels.com co-founders Bob Diener and Dave Litman do it again with Getaroom? Certainly not on the same scale, but Court Square's acquisition of Getaroom looks like a winner for the duo, who self-funded their latest venture in travel.
The co-founders of Getaroom have sold a majority stake in the business-to-business hotel and vacation rental provider to private equity firm Court Square Capital Partners, whose other holdings include car rental company Auto Europe.
Getaroom President Bob Diener told Skift Tuesday that he and his business partner for the past 35 years, Getaroom CEO Dave Litman, still maintain a substantial minority stake in Getaroom, and sold the larger stake to help the company reach the next level, including accelerating international expansion.
Diener and LItman, former college roommates, co-foun
