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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 intends to support Hospitality Solutions through TPG Capital, the firm’s private equity platform operating in the U.S. and Europe. This transaction will transform Hospitality Solutions into ...
TPG will invest in Hospitality Solutions through TPG Capital, the firm's U.S. and European private equity platform. The transaction will establish Hospitality Solutions as a standalone business ...
Upon completion, Sabre’s Hospitality Solutions will become a standalone business that provides software, analytics and more to over 40 percent of the world’s leading hotel brands, the company ...
Alternative asset management firm TPG announced plans to acquire Sabre Corporation’s Hospitality Solutions business for $1.1 billion. The all-cash deal is projected to net Sabre $960 million, after ...
From accounting software to language processing tech that reduces booking times, private equity has been busy transacting in ...
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Sabre Stock Rockets After Divesting Hospitality Solutions Business To TPG In $1.1B DealHospitality Solutions is distinct from Sabre's hotel B2B distribution business. Sabre expects to use cash proceeds, net of taxes and fees, of approximately $960 million from the deal to pay the ...
The transaction will establish the hospitality solutions unit as a standalone business Sabre purchased SynXis, the core of its hospitality business, in 2005 The deal is expected to close by the ...
The Hospitality Solutions business generated $327 million in revenue and $38 million in Adjusted EBITDA in 2024, according to the presentation. Following the transaction, ...
Arizona-based Universal Hospitality Solutions (UHS) is managing Crowne Plaza® Dallas Downtown to enhance performance of the 291-key, high-rise hotel, featuring 30,000 square feet of event space ...
Target's HFS – South segment continues to benefit from consistent customer demand, where its turn-key hospitality services and expansive network provide valuable solutions supporting customers ...
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