Amadeus to Acquire TravelClick

0
162

PORTSMOUTH, N.H. — Amadeus has agreed to acquire TravelClick from Thoma Bravo, a private equity investment firm, for US$1.52 billion.

TravelClick, which is headquartered in New York City, is a leading global hospitality provider that serves more than 25,000 customers across 176 countries. It provides innovative cloud-based solutions, including an independent and mid-size hotel Central Reservation System (CRS) and Guest-Management Solution (GMS), as well as business intelligence and media solutions.

The addition of TravelClick’s solutions to the Amadeus portfolio will create a hospitality leader providing a broad range of innovative technology to hotels and chains of all sizes across the globe.

“TravelClick has a great team, great technology and a broad customer base and we’re looking forward to welcoming such a successful business into Amadeus,” says Luis Maroto, president and CEO of Amadeus. “Our ambition is to provide the hospitality industry with the tools they need to grow their businesses and deliver a great experience to their guests. The combination of our two portfolios will allow us to provide that to hotels of all shapes and sizes across the world.”

As part of the acquisition, approximately 1,100 TravelClick employees are expected to join Amadeus. The acquisition is expected to close during Q4 2018.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.