Amadeus acquires travel tech company TravelClick

Amadeus announced that it is buying hotel tech company TravelClick for $1.52 billion from private equity firm Thoma Bravo. The acquisition of of TraveClick, a hotel operations services and business intelligence provider, will significantly expand Amadeus’ presence in the hospitality sector, the company said in a press release.

“Addition of TravelClick’s cloud-based solutions for mid-chain and independent hotels will enable Amadeus to reach all segments of the market with an enhanced portfolio.” the Madrid-based company commented. As part of the acquisition, approximately 1,100 TravelClick employees are expected to join Amadeus.

New York-based TravelClick is a leading global hospitality provider that claims serving 25K+ clients 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. This portfolio gives hotels distribution reach across all channels, both digital and traditional. It also allows them to improve digital interaction with guests, increase revenues and performance, reduce cost and create a strong brand.

“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. “The combination of our two portfolios will allow us to provide that to hotels of all shapes and sizes across the world.”

“This deal marks the next stage in TravelClick’s incredible journey of success in delivering groundbreaking solutions for hoteliers,” said Larry Kutscher, CEO of TravelClick. “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.”

Amadeus and Thoma Bravo expect to close the acquisition in the fourth quarter of the calendar year 2018, following regulatory approvals.

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