M&A Deal Summary

Travelport Acquires Deem

On March 10, 2023, Travelport acquired information technology company Deem from Enterprise Holdings

Acquisition Highlights
  • This is Travelport’s 3rd transaction in the Information Technology sector.
  • This is Travelport’s 2nd transaction in the United States.
  • This is Travelport’s 1st transaction in California.

M&A Deal Summary
Date 2023-03-10
Target Deem
Sector Information Technology
Buyer(s) Travelport
Sellers(s) Enterprise Holdings
Deal Type Divestiture

Target

Deem

Oakland, California, United States
website
Deem is an innovative managed-travel technology platform that includes Deem Work Fource and Deem Ground Work, a suite of online booking and travel technology products for business travelers, travel managers, travel management companies and suppliers. Deem was founded in 1999 and is based in Oakland, California.

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Buyer(S) 1

Buyer

Travelport

Langley, United Kingdom

website

Category Company
Founded 2006
Sector Information Technology
Employees4,000
Revenue 2.4B USD (2017)
DESCRIPTION

Travelport is a developer of a travel commerce platform to provide distribution, technology, payment and other solutions for the global travel and tourism industry. The company facilitates travel commerce by connecting the world’s leading travel providers with online and offline travel buyers in a proprietary business-to-business (B2B) travel marketplace. Travelport was founded in 2006 and is based in Langley, England.

DEAL STATS #
Overall 6 of 6
Sector (Information Technology) 3 of 3
Type (Divestiture) 2 of 2
State (California) 1 of 1
Country (United States) 2 of 2
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-24 eNett International Pte.

Singapore

eNett International (Singapore) Pte. Ltd. is a provider of B2B payment solutions to the travel industry. eNett International was founded in 1999 and is based in Singapore.

Sell -

Seller(S) 1

SELLER

Enterprise Holdings

St. Louis, Montana, United States

website

Category Company
Founded 2009
Sector Retail
DESCRIPTION

Enterprise Holdings, Inc. is a car rental company. It operates a global network of more than 8,600 fully staffed neighborhood and airport locations under the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-02 Discount Car and Truck Rentals

North York, Ontario, Canada

Discount Car and Truck Rentals Ltd. is a car and truck rental company serving customers across Canada. Discount Car and Truck Rentals Ltd. is based in North York, Ontario.

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