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Amadeus North America is an organization leading in technology solutions for their customers. Their mission is to improve the customer’s business proficiently by becoming an efficient problem solver with services designed to alleviate client concerns. By dabbling in various aspects of the travel industry including airlines, railways, airports hotels, travel insurance in addition to cruise lines and travel agencies, the travel industry is in good hands knowing that Amadeus North America fully has its back.Since the technology company’s founding, they have made great strides by intensifying relationships with investors while building customer loyalty with a global mindset that touches every traveler.
Equipping businesses with essential tools that successfully send travelers into the world’s most pristine destinations, they have become that key to success that not only drives the travel industry but steers its clients in the right direction.With innovation always in mind, Amadeus North America stays on top of the game with services created to assist customers with improving revenue, booking performances, growth strategies and much more- while keeping customers abreast with new projects that are in the works. No matter where they’re customers may be, Amadeus is a click away to transform their dream business into a reality.
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So, if they are looking to compare hotel aggregators, want to learn how to use an Electronic Miscellaneous Document (EMD), or understand airline merchandising, Amadeus North America knows and can do it all.
Deal will significantly expand Amadeus’ presence in the hospitality sector.Addition of TravelClick’s cloud-based solutions for mid-chain and independent hotels will enable Amadeus to reach all segments of the market with an enhanced portfolio.Madrid – 10 August 2018 – Amadeus has agreed to acquire TravelClick from Thoma Bravo, a leading private equity investment firm, for USD $1.52bn.TravelClick, which is headquartered in New York City, is a leading global hospitality provider that serves more than 25,000 customers across 176 countries. It provides innovative cloud-based solutions, including an independent and mid-size hotel Central Reservation System (CRS) and Guest Management Solution (GMS), as well as business intelligence and media solutions. This portfolio gives hotels distribution reach across all channels, both digital and traditional.
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It also allows them to improve digital interaction with guests, increase revenues and performance, reduce cost and create a strong brand.The addition of TravelClick’s solutions to the Amadeus portfolio will create a hospitality leader providing a broad range of innovative technology to hotels and chains of all sizes across the globe.“TravelClick has a great team, great technology and a broad customer base, and we are looking forward to welcoming such a successful business into Amadeus,” said Luis Maroto, President and CEO of Amadeus. “Our ambition is to provide the hospitality industry with the tools they need to grow their businesses and deliver a great experience to their guests. The combination of our two portfolios will allow us to provide that to hotels of all shapes and sizes across the world.”“This deal marks the next stage in TravelClick’s incredible journey of success in delivering ground-breaking solutions for hoteliers,” said Larry Kutscher, CEO of TravelClick.
“I couldn’t be more proud of our team or more excited about the impact our combined companies will have on the hospitality industry as we begin to deliver the next generation of innovation for hoteliers.”“This is a huge step forward for Amadeus in hospitality,” said Francisco Perez-Lozao, Senior Vice President, Strategic Growth Businesses at Amadeus. “While 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 can now serve the entire industry with a very broad portfolio of solutions and we are looking for significant growth in the years ahead.”“TravelClick is an excellent example of Thoma Bravo’s proven investment approach of acquiring a best in class vertical market software company and working alongside talented leadership to implement operational best practices and drive growth both organically and through M&A,” said Holden Spaht, a managing partner at Thoma Bravo. “We appreciate the outstanding execution of Larry Kutscher and the management team at TravelClick, and believe the company is well positioned to continue delivering innovative software, data analytics and marketing services that maximize revenue for hotels around the world.”As part of the acquisition, approximately 1,100 TravelClick employees are expected to join Amadeus.Amadeus and Thoma Bravo expect to close the acquisition in the fourth quarter of the calendar year 2018, following regulatory approvals. The transaction will be debt-financed and immediately earnings accretive.– ENDS –About AmadeusAmadeus is a leading provider of advanced technology solutions for the global travel industry. Customer groups include travel providers (e.g.