Permira-Backed Engine Buys Options Travel to Build Corporate Booking Tool

Engine is a startup that spent a decade selling hotel rooms to businesses that never hired a travel management company for help. Now it's just bought a TMC, and plans to build the booking software it thinks all business travelers should use.

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Frequently Asked Questions

What is Engine's primary business?

Engine primarily sells hotel rooms to businesses without travel management assistance.

What recent acquisition did Engine make?

Engine recently acquired a travel management company (TMC).

What are Engine's plans after the acquisition?

Engine plans to develop a corporate booking software for business travelers.

Who is backing Engine financially?

Engine is backed by Permira.