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  5. DerbySoft Acquires Pkfare

M&A Deal Summary

DerbySoft Acquires Pkfare

On April 11, 2024, DerbySoft acquired internet software and services company Pkfare

Acquisition Highlights
  • This is DerbySoft’s 1st transaction in the Internet Software and Services sector.
  • This is DerbySoft’s 1st transaction in China.

M&A Deal Summary
Date 2024-04-11
Target Pkfare
Sector Internet Software and Services
Buyer(s) DerbySoft
Deal Type Add-on Acquisition

Target

Pkfare

Shenzhen, China
Pkfare is a global travel trade marketplace that sources, aggregates, and delivers vital information on air tickets and hotel accommodations, tailored to meet the needs of B2B clients. The company seamlessly integrates with Global Distribution Systems (GDS), airlines, hotels, and travel suppliers worldwide, granting access to real-time global inventory and competitive pricing. It offers live inventories covering 600+ airlines (400+ Full Service Carriers and 200+ Low-Cost Carriers) and 650,000+ hotel properties across over 100 countries and regions. Pkfare is based in Shenzhen, China.

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Buyer(S) 1

Buyer

DerbySoft

Dallas, Texas, United States
Category Company
Sector Information Technology
DESCRIPTION

DerbySoft is a travel commerce accelerator that converges the diverse elements of travel, creating a unified and efficient ecosystem of connectivity services, AI-driven marketing services, and an end-to-end content platform. DerbySoft is based in Dallas, Texas.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2024 M&A 1 of 1
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