KKR & Co. L.P. (KKR) announced the acquisition of Trainline, the UK's leading online platform for selling rail tickets. Trainline is licensed to sell rail tickets on behalf of all UK Train Operating Companies, Deutsche Bahn and Trenitalia. Financial details of the deal were not disclosed.
Trainline is the most downloaded travel app in the UK and its website ranks 5th by gross transaction value in the UK e-commerce sector. The company has 4.7 million active customers, 20.8 million visits per month and operates platforms for both consumers and businesses.
For comments and feedback contact: editorial@rttnews.com
Business News