Travelport Receives $200M Investment

Travelport

Travelport, a Langley, UK-based technology company focused on bookings for travel suppliers worldwide, received a $200M investment.

The round was led by Siris Capital Group and Elliott Management.

The company intends to use the funds to continue executing against its growth strategy following a strong first quarter performance, including best-in-class tech achievements and the acquisition of Deem, a corporate travel management platform.

Led by CEO Greg Webb, Travelport is a technology company that powers bookings for hundreds of thousands of travel suppliers worldwide. Buyers and sellers of travel are connected by the company’s next generation marketplace, Travelport+, which aims to simplify how brands connect, upgrade how travel is sold, and enable modern digital retailing. The company is operating in more than 165 countries around the world.

FinSMEs

31/03/2023