December 2006: Ya.com, wholly owned by Deutsche Telecom AG, sells its subsidiary viajes.com, leader in the Spanish market in the Internet travel agency sector, to Corporación Orizonia, formerly known under the name Iberojet.
Corporación Orizonia, a company owned by the Venture Capital funds Carlyle and Vista Capital, is the Spanish tourism leader, both in the retail and wholesale sectors, through brands such as Viajes Iberia, Solplan or Viva Tours. The objective of the acquisition of viajes.com is to develop its sales channel over the Internet.
SOCIOS acts as Exclusive Financial Advisor to Ya.com through a competitive sales process, as well as in the negotiation and closing of the definitive terms and conditions of the transaction.
