HomeAway has made its first acquisition since listing on the public markets last year, snapping up Spain-based rural accommodation rental platform Toprural.
Terms of the deal were not included in the announcement, but some are expected to be unveiled at HomeAway’s first quarter 2012 earnings call later this month.
The acquisition gives HomeAway a further 11,600 paid and almost 30,000 free listings on the Toprural system.
Read full story at: http://www.tnooz.com/2012/04/02/news/homeaway-buys-european-rental-site-toprural/