Agreement will expand the reach of its B2B platform across car rental, ground transport and Insurtech
May 20, 2026, DUBLIN, IRELAND – CarTrawler, the leading B2B technology provider of car rental, ground transport and Insurtech solutions to the global travel industry, has entered into an agreement to be acquired by Expedia Group, the global travel marketplace, in a move that advances its strategy to build the most complete B2B travel platform.
CarTrawler, founded and headquartered in Dublin, is powered by its Connect Platform, connecting 550+ car rental suppliers and 500+ mobility providers with more than 300 leading travel brands worldwide, including over 70 airlines.
The Company has significantly expanded its global footprint driven by demand for high-margin ancillary solutions and the unrivalled performance of its proprietary technology reflecting the strength and scalability of CarTrawler’s offering across the global travel ecosystem.
Today’s announcement represents a strategic milestone for both companies. Together, the businesses will unlock new opportunities for supply partners to access incremental demand, for B2B partners to integrate richer and more competitive travel ancillary solutions, and for travellers to benefit from greater choice and value.
Peter O’Donovan, Chief Executive Officer, CarTrawler, said, “CarTrawler’s acquisition by Expedia Group is a testament to the strength of our technology, the drive of our people, our track record of innovation and our accelerating commercial momentum. This exciting combination allows us to advance our mission as part of travel’s best and most complete B2B engine, unlocking new opportunities for innovation and growth.”
Alfonso Paredes, President B2B & Chief Commercial Officer, Expedia Group, said, “The CarTrawler acquisition is another huge, exciting step towards our ambition of building the most complete B2B travel platform. Last year, Expedia Group B2B set out a bold vision to expand our APIs beyond lodging. Acquiring Tiqets helped us solve for activities at scale. Adding CarTrawler now extends that same strategy into car rentals, ground transport and Insurtech. CarTrawler’s focus and differentiated expertise in these areas complements our strengths in B2B scale and technology, enabling us to massively amplify our joint value proposition to partners, suppliers, and travellers.”
Gordon Holmes, Chief Investment Officer at TowerBrook, said, “We invested in CarTrawler in July 2020, confident that it would emerge from Covid-related industry dislocation as an industry champion, through the strength of its relationships, platform and people. The performance over the last six years, driven by innovation and commercial excellence, has exceeded all expectations. We are proud of our association with CarTrawler. We are grateful to Peter O’Donovan and his team for their leadership and commitment, and to CarTrawler’s Board of Directors for their support. We wish CarTrawler and Expedia Group continued success in this exciting next phase.”
The transaction, which remains subject to customary closing conditions, is expected to be completed in the second half of 2026.
