Sabre Enters Into Agreement to Sell Its Hospitality Solutions Business Unit to TPG
💰 Sabre Corporation in Southlake, Texas, to sell its Hospitality Solutions business to TPG for $1.1 billion. TPG Capital will invest, making Hospitality Solutions a standalone entity serving over 40% of top hotel brands with its SaaS platform. Sabre's net proceeds of roughly $960 million will go towards debt reduction. The deal, aiming to optimize Sabre's portfolio and leverage, follows debt refinancings in December 2024 and April 2025 debt repayments. The sale is part of Sabre's strategy to focus on its core airline IT and marketplace platforms. The transaction is expected to close by Q3 2025, pending regulatory approval.
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