M&A Deal Summary

CAE Acquires Sabre - AirCentre

On October 28, 2021, CAE acquired software company Sabre - AirCentre from Sabre for 393M USD

Acquisition Highlights
  • This is CAE’s 4th transaction in the Software sector.
  • This is CAE’s 2nd largest (disclosed) transaction.
  • This is CAE’s 7th transaction in the United States.
  • This is CAE’s 2nd transaction in Texas.

M&A Deal Summary

Date 2021-10-28
Target Sabre - AirCentre
Sector Software
Buyer(s) CAE
Sellers(s) Sabre
Deal Type Divestiture
Deal Value 393M USD

Target

Sabre - AirCentre

Southlake, Texas, United States
Sabre's AirCentre is a highly valuable suite of flight and crew management and optimization solutions. Operations business includes approximately 500 employees located in 13 countries, including 5 hubs. It delivers software solutions to more than 150 airline customers.

Search 201,771 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

CAE

Saint-Laurent, Quebec, Canada

Category Company
Founded 1947
Sector Defense
Employees13,000
Revenue 4.2B CAD (2023)
DESCRIPTION

CAE engages in modeling, simulation, and training for civil aviation and defense. CAE offers civil aviation, military, and helicopter training services in more than 45 locations worldwide and trains approximately 100,000 crewmembers yearly. In addition, the CAE Oxford Aviation Academy offers training to aspiring pilot cadets in 11 CAE-operated flight. CAE was founded in 1947 and is based in Saint-Laurent, Quebec.


DEAL STATS #
Overall 12 of 12
Sector (Software) 4 of 4
Type (Divestiture) 4 of 4
State (Texas) 2 of 2
Country (United States) 7 of 7
Year (2021) 3 of 3
Size (of disclosed) 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-31 SkyWarrior

Pensacola, Florida, United States

SkyWarrior provides a range of military and civil flight training programs. The company provides flight training ranging from a private pilot license to multi-engine airline transport pilot (ATP) certification. SkyWarrior also specializes in training military helicopter pilots transitioning to airline pilots as part of regional airline Rotor Transition Programs. It operates a fleet that includes Cessna 172, Piper PA-44, and Cirrus SR22 aircraft. SkyWarrior is based in Pensacola, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-24 Elevate Healthcare

Sarasota, Florida, United States

Elevate Healthcare is a medical simulation company with a mission to improve healthcare education and patient safety. It designs and builds products for patient simulation, surgical simulation, ultrasound simulation, and clinical simulation management. Elevate Healthcare was founded in 2009 and is based in Sarasota, Florida.

Sell -

Seller(S) 1

SELLER

Sabre

Southlake, Texas, United States

Category Company
Founded 2006
Sector Software
Employees6,232
Revenue 2.9B USD (2023)
DESCRIPTION
Sabre's corporate headquarters in Southlake, Texas.
Sabre's corporate headquarters in Southlake, Texas.

Sabre is a technology software provider to the travel and tourism industry. Sabre's software, data, mobile and distribution solutions are used by hundreds of airlines and thousands of hotel properties to manage critical operations, including passenger and guest reservations, revenue management, flight, network and crew management. Sabre was formed in 2006 and is based in Southlake, Texas.


DEAL STATS #
Overall 4 of 4
Sector (Software) 1 of 1
Type (Divestiture) 4 of 4
State (Texas) 2 of 2
Country (United States) 2 of 2
Year (2021) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-16 Radixx International

Orlando, Florida, United States

Radixx International, Inc. is a provider of travel distribution and passenger service system software for airline reservations, distribution and merchandising. Radixx offers a cloud-based SaaS Passenger Service System (PSS) designed to help airlines increase profitability and maximize productivity through expanded distribution of products and services. Radixx International, Inc. was founded in 1993 and is based in Orlando, Florida.

Buy $110M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-09 Nuvola

Fort Lauderdale, Florida, United States

Nuvola is a provider of hotel service optimization and guest engagement software to hoteliers worldwide. The company provides a collection of intuitive modules that optimize hotel operations and guest experiences. Nuvola was formed in 2011 and is based in Fort Lauderdale, Florida.

Buy -