SOUTHLAKE, Texas, April 28, 2025 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading technology provider to the global travel industry, and TPG, (NASDAQ: TPG), a global alternative asset ...

Sabre, which produces technology for the travel industry, announced a deal to sell its hospitality technology operations for $1.1 billion to TPG, as it looks to address its debt pile and refocus ...

Sabre is set to sell its hospitality solutions business to alternative asset management firm TPG for $1.1 billion in cash. TPG will invest in Hospitality Solutions, which provides software and ...

TPG expects to become the majority stake holder ... customers and suppliers. Sabre’s hospitality business, known as SynXis Hospitality Solutions, is a vertical market software provider for ...

Southlake-based travel software giant Sabre Corp. announced on April 28 it will sell one of its business units to Fort Worth-based private equity giant TPG in a move to reduce its debt.

Sabre’s debt stood at $4.5 billion, net of cash, as of December-end. The company has taken steps to manage its debt, including debt refinancings in December 2024 and repayment of April 2025 debt ...

Sabre will use approximately $960 million in net proceeds from the sale to reduce debt and strengthen its capital structure. TPG plans to grow Hospitality Solutions as a standalone platform ...

April 28 (Reuters) - Sabre Corp (SABR.O), opens new tab said on Monday it will sell its hospitality software platform to asset manager TPG (TPG.O), opens new tab for $1.1 billion and use the cash ...

Sabre to Cut Debt With $1.1 Billion Sale of Hospitality Software to TPG, Shares Jump By Aatreyee Dasgupta (Reuters) -Sabre Corp said on Monday it will sell its hospitality software platform to ...