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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 ...
The private equity arm of TPG will acquire Sabre's hospitality solutions business for $1.1 billion in cash, the companies said Monday. "This divestiture positions Sabre to focus on our core ...
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 ...
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 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 ...
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.
Photo Credit: A king bedroom at the Hyatt Regency Irvine. Hyatt is deploying Sabre's Synxis central reservations system in many of its properties in 2024. Hyatt If Sabre sells its hospitality unit ...
NEW YORK, March 27 (Reuters) - Sabre (SABR.O), opens new tab is exploring a sale of its hospitality software unit SynXis, in a deal that could be worth more than $1 billion and help the travel ...
SOUTHLAKE, Texas, March 4, 2025 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading global travel technology company, and Coforge Limited (NSE: COFORGE), a premier global digital services ...
Travel software company Sabre Corp. has replaced its chief legal officer after just seven months on the job. Ann Bruder replaces Chadwick Ho as CLO. Bruder, who will also serve as executive vice ...
Sabre's sale of its hotel reservations tech should help the travel tech company focus on its core airline business. It's notable that a PE firm rather than a rival player, such as Oracle or Cendyn ...
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