Amadeus acquires TravelClick in $1.52 billion deal

George Sell By George Sell
13 August 2018 | Updated 13 August 2018

US: Travel tech provider Amadeus has bought New York-based TravelClick from private equity firm Thoma Bravo.

TravelClick has more than 25,000 customers across 176 countries. It provides 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.
 
Amadeus says the addition of TravelClick's solutions to its portfolio will create "a hospitality leader providing a broad range of innovative technology to hotels and chains of all sizes across the globe".

As part of the acquisition, around 1,100 TravelClick employees are expected to join Amadeus.
 
Amadeus and Thoma Bravo expect to close the acquisition in the fourth quarter of 2018, following regulatory approvals. The transaction will be debt-financed and immediately earnings accretive.
 
"TravelClick has a great team, great technology and a broad customer base, and we are looking forward to welcoming such a successful business into Amadeus," said 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."
 
Larry Kutscher, CEO of TravelClick, said: "This deal marks the next stage in TravelClick's incredible journey of success in delivering groundbreaking solutions for hoteliers. I couldn't be more proud of our team or more excited about the impact our combined companies will have on the hospitality industry as we begin to deliver the next generation of innovation for hoteliers."
 

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