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It’s just emerged that Sydney travel technology company Booking Boss was sold in mid-2017 to Helix Leisure, a company associated with early investor and ex-Wotif CEO Scott Blume, now Managing Director of Timezone Group and based in Singapore. Blume was among several investors who pumped $2m into Booking Boss in June, 2015. He joined Timezone in October, 2016. Booking Boss operates a subscription based business model and offers booking and ticketing software for the tours, activities and attraction industry. Meanwhile, Quadrant Private Equity bought 50% of the Timezone Group late last year. The funds will be used to accelerate expansion of the ‘arcade entertainment’ business, which has more than 200 outlets across Australasia and Asia. Read original article |
