Amadeus has agreed to acquire New York-based hotel-management technology company TravelClick for $1.52 billion from private equity firm Thoma Bravo.
The GDS and travel technology firm said the deal would boost its presence in the hospitality sector, particularly among independent and mid-size chain hotels.
TravelClick offers reservations, guest management and data technology to 50,000 hotels including the Hilton, Marriott, Loews, Accor, Radisson, Mandarin Oriental and Crown Hotels brands.
In a statement, Amadeus said the deal “will create a hospitality leader” with “distribution reach across all channels, digital and traditional”.
Francisco Perez-Lozao, Amadeus senior vice-president for strategic growth businesses, said: “This is a huge step forward for Amadeus in hospitality.
“We have already made strong progress with the large chains.
“Travelclick gives us access to the mid-chain and independent hotel segment that makes up almost three-quarters of the market. We are looking for significant growth.
The deal is expected to go through by the fourth quarter of this year. About 1,100 TravelClick employees are expected to join Amadeus.
Thoma Bravo acquired Travelclick for $930 million in 2014.
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