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Sabre to sell hospitality solutions unit to Tpg

The Wall Street Journal · 2d

Sabre to Sell Hospitality Solutions Business to TPG for $1.1 Billion

The technology provider to the travel sector expects to use the $960 million in net proceeds to pay down debt and focus on its core business.

eTurboNews · 2d

Sabre Sells Its Hospitality Solutions for $1.1 Billion

The SaaS-based platform functions as an integrated system for managing reservations and guest information, enabling hoteliers to operate with enhanced accuracy and efficiency.

The Dallas Morning News on MSN · 2d

Sabre’s stock roars on $1.1 billion deal to sell hospitality platform to TPG

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 its business.

Skift on MSN2d

Sabre to Sell Hotel Reservations Platform for $1.1 Billion

Investment firm TPG said Monday it would acquire Sabre's hospitality solutions business for $1.1 billion in cash.

Travel Weekly2d

Sabre is selling hotel technology unit to private equity firm

TPG is buying Sabre's Hospitality Solutions for $1.1 billion in cash and will run it as a standalone business.

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