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TPG, known for backing tech carveouts such as Boomi and McAfee, will invest in Hospitality Solutions through TPG Capital.
The technology provider to the travel sector expects to use the $960 million in net proceeds to pay down debt and focus on ...
Sabre, which produces technology for the travel industry, announced a deal to sell its hospitality technology operations for ...
Sabre's shares (SABR) rose +2.7% in premarket trading on Monday, after the company said that TPG (TPG) would acquire its ...
Sabre Corp said on Monday it will sell its hospitality software platform to asset manager TPG for $1.1 billion and use the ...
Sabre is selling its Hospitality Solutions unit to TPG for $1.1 billion, with the transaction expected to close in the third ...
The travel tech firm’s Hospitality Solutions business will now be a standalone company owned by asset management firm TPG.
The SaaS-based platform functions as an integrated system for managing reservations and guest information, enabling hoteliers ...
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's shares (NASDAQ:SABR) rose 11% in premarket trading on Monday, after the company said that TPG (NASDAQ:TPG) would acquire its Hospitality Solutions business for $1.1 billion in cash.