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HomeAway Adds On

HomeAway Inc., an Austin, Texas-based operator of an online vacation rentals website, has acquired Owners Direct Holiday Rentals, the second-largest vacation rental website in the UK. No financial terms were disclosed, although existing HomeAway shareholder American Capital Strategies said that it had recently invested an additional $11.5 million into the company.

 

Other HomeAway shareholders include Austin Ventures, Redpoint Ventures, Institutional Venture Partners and Trident Capital. www.homeaway.com www.ownersdirect.co.uk