Sabre Sells Hospitality Solutions to TPG for $1.1 Billion
Deal News | Apr 28, 2025 | TPG
Sabre Corporation has formalized a definitive agreement to sell its Hospitality Solutions business division to TPG, a renowned international alternative asset management firm, for a substantial sum of $1.1 billion. This strategic decision by Sabre is expected to allow the company to streamline its operations, reduce its debt burden, and maintain its commitment to sustainable growth moving forward. Under the new ownership, Hospitality Solutions will function as an independent technology entity, specialized in the hospitality sector. TPG's investment will be executed through its private equity platform, TPG Capital, which operates within the United States and European markets. Additionally, Sabre Corporation has scheduled a conference call on May 7, 2025, to provide further insights into its financial performance for the first quarter and discuss the implications of this transaction. As a diligent step towards transparency, the call will be broadcast via webcast, with the recordings subsequently made available for archival access. Sabre's Hospitality Solutions' transformation into an independent company under TPG is anticipated to enhance its operational focus and market competence.
Sectors
- Technology
- Private Equity
- Hospitality
Geography
- United States – Both Sabre Corporation and TPG are headquartered in the United States, and the transaction will significantly impact their operations within the country.
Industry
- Technology – The article primarily focuses on Sabre Corporation and its Hospitality Solutions unit, both of which are integral to the technology sector, particularly in terms of travel and hospitality technology solutions.
- Private Equity – TPG, involved in the acquisition, is recognized as a global alternative asset management firm, making it a key participant in the private equity industry.
- Hospitality – The article highlights the transformation of Sabre's Hospitality Solutions into an independent entity, which will specifically serve the hospitality industry.
Financials
- $1.1 billion – The total transaction value for the acquisition of the Hospitality Solutions business unit by TPG.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Sabre Corporation | Vendor | Company | A leading technology provider to the global travel industry, headquartered in Southlake, Texas. |
| TPG | Buyer | Company | A global alternative asset management firm, involved in private equity, headquartered in the United States. |
| Hospitality Solutions | Target Company | Company | A business unit specialized in technology solutions for the hospitality industry, formerly part of Sabre Corporation. |