Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

AP Photo/Alastair Grant

Sold!: Irish tech firm CarTrawler has been bought-out by a multi-billion euro fund

Established in 2004 and headquartered in Dublin, CarTrawler employs 180 people.

IRISH ONLINE CAR rental firm CarTrawler has been bought out by a multi-billion euro investment fund.

The terms of the deal have not been disclosed but BC Partners are set to take a majority stake in CarTrawler from the company’s founders, ECI Partners and other shareholders.

Established in 2004 and headquartered in Dublin, CarTrawler provides a platform for car rental providers and works with over 1,000 partners in 174 countries.

Some of their partners include major airlines such as Aer Lingus, Emirates and Gulf Air among others and rental companies like Avis and Budget.

CarTrawler says that BC Partners has an “impressive track record” in the travel industry and the deal will allow the company to grow further internationally.

BC Partners has investments in a number of well known global brands such as Phones 4U and Intelsat.

“We are very excited to be partnering with the management team at CarTrawler, with a view to fully maximising the company’s growth potential on a global scale,” said BC Partner’s Matther Tooth.

CarTrawler offers a truly unique proposition to its online travel partners, enabling them to optimise the revenue potential from car rental through offering end customers access to an unrivalled breadth of rental options across many suppliers.

Tooth added that CarTrawler’s management team has been “truly visionary in building the technology platform”.

CarTrawler was set up by Niall and Greg Turley in 2004 and in 2012 the pair made a reported €90 million between them when they sold their shares to ECI Partners.

The company employs 180 graduates at its Dundrum base and is one of Ireland’s leading technology employers recruiting from universities.

Read: 75 new jobs announced in Irish tech firm >

Read: 30 new jobs at Cork tech firm >

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Close
3 Comments
    Install the app to use these features.
    Mute Joe blogs
    Favourite Joe blogs
    Report
    Mar 16th 2016, 2:44 PM

    The ra done it better

    75
    Install the app to use these features.
    Mute Leo Lowe
    Favourite Leo Lowe
    Report
    Mar 16th 2016, 3:02 PM

    Did not done. Shinner are not usually well educated.

    24
    Install the app to use these features.
    Mute Motherofdivinejebus
    Favourite Motherofdivinejebus
    Report
    Mar 16th 2016, 3:08 PM

    Err, I think you forgot an apostrophe between Did and Not Leo,
    Oh the Irony, LOL

    53
    See 5 more replies ▾
    Install the app to use these features.
    Mute Motherofdivinejebus
    Favourite Motherofdivinejebus
    Report
    Mar 16th 2016, 3:09 PM

    Whoops! I meant a Comma,
    (Karma is a bitch, I know )

    55
    Install the app to use these features.
    Mute Cosmo Kramer
    Favourite Cosmo Kramer
    Report
    Mar 16th 2016, 3:15 PM

    There’s nothing more ignorant than correcting someone’s grammer..

    23
    Install the app to use these features.
    Mute Karol Doran
    Favourite Karol Doran
    Report
    Mar 16th 2016, 3:34 PM

    Cosmo,

    It’s ‘grammar’.

    70
    Install the app to use these features.
    Mute Leo Lowe
    Favourite Leo Lowe
    Report
    Mar 16th 2016, 3:36 PM

    Mother, the initial letter in comma should be lower case.

    8
    Install the app to use these features.
    Mute Thomas Delaney
    Favourite Thomas Delaney
    Report
    Mar 16th 2016, 9:50 PM

    Also, spelling is not grammar you simpleton Cosmo.

    2
    Install the app to use these features.
    Mute Kevin Blanche
    Favourite Kevin Blanche
    Report
    Mar 16th 2016, 2:50 PM

    Up like a bird and over the city

    55
    Install the app to use these features.
    Mute graham galvin
    Favourite graham galvin
    Report
    Mar 16th 2016, 2:52 PM

    3 men are missing, I heard the warden say.

    39
    Install the app to use these features.
    Mute Peadar Ó Gréacháin
    Favourite Peadar Ó Gréacháin
    Report
    Mar 16th 2016, 4:15 PM

    Copycats…..

    14
    Install the app to use these features.
    Mute IrishGravyTrain
    Favourite IrishGravyTrain
    Report
    Mar 16th 2016, 2:50 PM

    Video needs that Mission Impossible theme.

    16
    Install the app to use these features.
    Mute Gerry Fitz
    Favourite Gerry Fitz
    Report
    Mar 16th 2016, 3:24 PM

    CLOSE THE GATES

    8
    Install the app to use these features.
    Mute Gary O'neill
    Favourite Gary O'neill
    Report
    Mar 16th 2016, 2:43 PM

    The Canadians should be ashamed of themselves for letting this occur. Thankfully their country is a lot more beautiful than the dump we live in so I won’t get too mad at them

    8
    Install the app to use these features.
    Mute Timber Planks
    Favourite Timber Planks
    Report
    Mar 16th 2016, 2:55 PM

    Have you even been to Canada?

    35
    Install the app to use these features.
    Mute Diolúin Ó hUigínn
    Favourite Diolúin Ó hUigínn
    Report
    Mar 16th 2016, 2:57 PM

    Good man for forgiving them Gary, I’m sure they were very worried there for a minute.

    60
    See 2 more replies ▾
    Install the app to use these features.
    Mute Alan Cooke
    Favourite Alan Cooke
    Report
    Mar 16th 2016, 5:40 PM

    No, I don’t think he has but he’s just back from a quick holiday to Rome.
    It’s amazing how us tax paying fools can let Gary jet around on his well funded state pension and come on here and call our country a dump. Stop his pension for 6 months and that will cure his cough.

    13
    Install the app to use these features.
    Mute Patrick J O'CONNOR
    Favourite Patrick J O'CONNOR
    Report
    Mar 16th 2016, 6:37 PM

    @Gary O’neill……..Funny! Never heard a Canadian note anything like you say. Only your BS I would say.

    5
    Install the app to use these features.
    Mute THE BIG LAD
    Favourite THE BIG LAD
    Report
    Mar 16th 2016, 3:48 PM

    Its happened here a few times ….

    8
    Install the app to use these features.
    Mute Sean Bradley
    Favourite Sean Bradley
    Report
    Mar 16th 2016, 3:27 PM

    Sound like something from the video game GTA

    6
    Install the app to use these features.
    Mute richiecallaghan
    Favourite richiecallaghan
    Report
    Mar 16th 2016, 3:18 PM

    Good man Gary insult the country that’s paying your over generous teacher pension, bet you love the place when you use your bank card.

    6
    Install the app to use these features.
    Mute Paul Knowles
    Favourite Paul Knowles
    Report
    Mar 17th 2016, 1:04 AM

    Done in mountjoy first

    1
Submit a report
Please help us understand how this comment violates our community guidelines.
Thank you for the feedback
Your feedback has been sent to our team for review.
JournalTv
News in 60 seconds