OAG Acquires Infare to Strengthen Air Travel Data Business
Key Points
- OAG, a UK-based flight information provider, has acquired Denmark-based airfare data firm Infare.
- The acquisition values the combined company at over $500 million with 300 employees across 10 offices.
- Vitruvian Partners, which previously acquired OAG, supports the deal, emphasizing the need for detailed air travel data.
Summary
OAG, a UK-based provider of flight status and schedule information, has acquired Infare, a Denmark-based airfare data and analysis firm, from Ventiga Capital. The acquisition, which values the combined entity at over $500 million, aims to enhance OAG's capabilities in delivering precise air travel data to meet growing market demands. The deal is supported by Vitruvian Partners, with both management teams remaining involved and retaining a shareholding in the company.
Infare, a Denmark-based provider of airfare data and analysis software, has been acquired.
OAG, a UK-based provider of flight status and schedule information, said Friday that it has acquired Infare from private equity firm Ventiga Capital. The firm had owned Infare since 2017.
The price and terms of the latest deal were not disclosed.
OAG and Infare had been in a partnership that was announced in April 2022.
OAG said the deal values the combined company at over $500 million. The combined company has 300 employees in 10 offices.
OAG said that both management teams will continue with the company and retain a shareholding, with fresh backing from Vitruvian Partners. Vitruvian Partners bought OAG from Axio Group for $215 million in 2017.
“The increasing dynamism in global travel and technology is fueling a need for more sophisticated, granular data to understand, manage, and unlock growth in air travel,” said Phil Callow, CEO of OAG, in a statement. “The acquisition of Infare strengthens our ability to deliver consistent and accurate information across the wider supply and demand value chain.”
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