New York City-based TravelClick is a global hospitality provider serving 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.
“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,” Luis Maroto, president and CEO of Amadeus, said in a press release. “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.”
As part of the deal, around 1,100 TravelClick employees are expected to join Amadeus.
“This deal marks the next stage in TravelClick’s incredible journey of success in delivering groundbreaking 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.”
Amadeus is acquiring TravelClick from investment firm Thoma Bravo. The two are expected to close the deal in the fourth quarter, following regulatory approvals.
“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.”