Articles tagged “private equity”

Online Travel

Hotwire Ties Run Deep Through Vacasa SPAC Deal

The old boys' network is still as strong as can be in online travel and elsewhere. It shows up in several ways, although it was far from a decisive factor, in the pending Vacasa SPAC deal. But those decades-old ties sure didn't hurt, either.

Hotwire Ties Run Deep Through Vacasa SPAC Deal

Online Travel

Certares Founder on the Ease of Investing in Travel During a Pandemic

It is certainly an attractive time for private equity firms to invest in travel companies under pressure, but picking winners is never a slam dunk.

Certares Founder on the Ease of Investing in Travel During a Pandemic

Airlines

All-Star Investors Katzenberg, Thiel, and Tosi Take Stake in Travel Startup Flyr

The WestCap Group has led a $150 million round in Flyr, a startup that helps travel companies boost their revenue. "Mogul management" appears to be the new "revenue management."

All-Star Investors Katzenberg, Thiel, and Tosi Take Stake in Travel Startup Flyr

Mergers and Acquisitions

Private Equity Backs Travel Upgrade Startup Plusgrade to Do Acquisitions

Expect more travel tech companies to mimic Plusgrade and get private equity backing to be able to do the acquisitions they need to grow during the recovery.

Private Equity Backs Travel Upgrade Startup Plusgrade to Do Acquisitions

Online Travel

Online Travel Hopper’s Metamorphosis From Flight Selling to Fintech

Travel startup Hopper has raised $175 million in additional investment, underscoring the potential of its financial services products and offering an interesting case study in new appetites in travel for fintech. It seems very much in the cards that the company will go public by, say, 2022.

Online Travel Hopper’s Metamorphosis From Flight Selling to Fintech

Hotels

Private Equity Looks to Challenge Vacasa by Backing VTrips Vacation Rental Firm

The vacation rental market is big enough to accommodate multiple players with digital and operational savvy, including both Vacasa and VTrips.

Private Equity Looks to Challenge Vacasa by Backing VTrips Vacation Rental Firm

Online Travel

Hotel Marketing Tech Consolidation Being Orchestrated by Austin Private Equity Firm

Serent Capital was an investing chaperone to Revinate's acquisition of Navis. Its thesis is that the technological stars have finally aligned to produce many of the business intelligence breakthroughs that hotel companies have long sought.

Hotel Marketing Tech Consolidation Being Orchestrated by Austin Private Equity Firm

Tourism

The Private Equity Firm Behind Some of France’s Smartest Travel Startups

If you're a French travel company right now, you very much want to be on Montefiore's radar, a $2.74 billion fund that's become a kingmaker through the Nov Tourisme fund.

The Private Equity Firm Behind Some of France’s Smartest Travel Startups

Online Travel

Private Equity Buys Hotel Guest Room Tech Provider Enseo

Private equity firm HIG Capital has taken a majority stake in Enseo, a provider of digital in-room entertainment tech for hotels. Enseo plans to grow through acquisition. The deal is a validation of founder and CEO Vanessa Ogle's bold pivot of the tech vendor.

Private Equity Buys Hotel Guest Room Tech Provider Enseo

Online Travel

Sabre Sale of Tech Firm Airpas Aviation Gives Opening to Private Equity

Sabre wins from the sale of tech vendor Airpas because it represents more progress in a multi-year streamlining of its portfolio. The airline industry might also win if Airpas's new merger with another tech company represents a wave of better cost management tools.

Sabre Sale of Tech Firm Airpas Aviation Gives Opening to Private Equity