Round Type
Funding Round
Description
Expedia Group, Inc. (NASDAQ: EXPE) announced today that it is raising approximately $3.2 billion of new capital, consisting of a $1.2 billion private placement of perpetual preferred stock and approximately $2 billion in new debt financing. These efforts are part of a comprehensive strategy to enhance Expedia Group's financial flexibility and strengthen its liquidity position. Investment funds managed by affiliates of Apollo Global Management, Inc. and Silver Lake, two of the world's leading alternative asset investors, are providing the equity investment. David Sambur, Co-Lead Partner of Apollo's private equity business, and Greg Mondre, Co-CEO and Managing Partner of Silver Lake, will join the Expedia Group Board of Directors upon the closing of the fund raising transactions, which is expected on May 5, 2020.
Quick answer
Expedia Group raised an undisclosed amount in a Funding Round round, dated April 23, 2020. Expedia Group is based in Seattle, Washington, United States.
- How much did Expedia Group raise?
- Expedia Group raised an undisclosed amount in a Funding Round round on April 23, 2020.
- What does Expedia Group do?
- Expedia Group, Inc. (NASDAQ: EXPE) brands power travel for everyone, everywhere through our global platform.
- Where is Expedia Group based and how big is it?
- Expedia Group is based in Seattle, Washington, United States. Fundz records about 16,500 employees.
- Who are the decision-makers at Expedia Group?
- Fundz holds 4 contacts at Expedia Group, including the Senior Technical Recruiting Partner. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Leisure and Travel around the same time
Companies in the same sectors as Expedia Group that raised within 45 days of this round, from Fundz verified event records.
- FLYR, Inc. raised $12M on May 7, 2020.
- NextTrip raised $1.5M (Seed) on April 17, 2020.
- Burro raised $1.6M (Seed) on June 4, 2020.
- AvidXchange raised $8M on June 4, 2020.
- Divirod raised $1.6M on June 4, 2020.
- Anvil raised $5M (Funding Round) on June 3, 2020.
Who to call at Expedia Group, and when
A new round usually means Expedia Group is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Expedia Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Expedia Group, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Expedia Group. With Fundz connected, it knows.
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Fundz sees it the moment Expedia Group raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Expedia Group raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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