Walder Wyss and Bär & Karrer advised GetYourGuide on the deal.
GetYourGuide, a Berlin, Germany-based travel marketplace operator, announced that it secured funding of €114 million.
The money is provided in a convertible note form, backed by investors led by Searchlight Capital, with SoftBank Vision Fund, KKR, Battery Ventures, Highland Europe, Spark Capital, Lakestar, Heartcore Capital, NGP Capital and the founding team all also investing.
With this convertible note financing, GetYourGuide ensures that it can invest in strategic opportunities to cement its market-leading position and ignite post-pandemic travel demand. The Walder Wyss team already advised GetYourGuide in May 2019 in its series E financing round with an investment volume of $484 million.
GetYourGuide, founded in 2009 by Jochen Mattes, Johannes Reck, Martin Sieber, Pascal Mathis, Tao Tao and Tobias Rein, operates a travel booking platform designed to find and book various tours and activities. The company’s platform helps travelers to skip-the-line tickets at the tourist attractions by offering exclusive access and insight as well as also help to discover and know the details and history of every destination, enabling travelers to get a memorable travel experience.
The Walder Wyss team comprised Florian Gunz Niedermann (Picture) and Christian Lütolf.
The Bär & Karrer team included Susanne Schreiber and Martin Leu.
Clients: GetYourGuide Deutschland GmbH;