M&A Deal Summary

GO7 Acquires AeroCRS

On February 7, 2023, GO7 acquired information technology company AeroCRS from 777 Partners

Acquisition Highlights
  • This is GO7’s 2nd transaction in the Information Technology sector.
  • This is GO7’s 1st transaction in Israel.

M&A Deal Summary

Date 2023-02-07
Target AeroCRS
Sector Information Technology
Buyer(s) GO7
Sellers(s) 777 Partners
Deal Type Add-on Acquisition

Target

AeroCRS

Tel Aviv, Israel
AeroCRS provides technology services and distribution connectivity to more than 90 travel companies worldwide. The technology solutions include inventory management, yield & revenue management, fares & classes management, open API, B2C & B2B platform, fares branding, FFP, BI platform, reporting center, and many more technology services. AeroCRS was founded in 2006 and is based in Tel Aviv, Israel.

Search 214,107 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

GO7

London, United Kingdom

Category Company
Sector Information Technology
DESCRIPTION

GO7 represents a new approach to travel technology, united by a core belief to give control back to airlines and other travel operators through flexible, customer-centric technology. GO7's suite of integrated solutions allows airlines to transform their commercial operations using modern, agile technology flexibly designed as a 'one-stop' or bespoke solution. GO7's foundations are proven, with over 185 airlines globally already using GO7 for ticketing and distribution, passenger servicing, loyalty, payments, interlining, baggage management and operational consulting. GO7 is based in London, United Kingdom.


DEAL STATS #
Overall 4 of 4
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 4
Country: Israel M&A 1 of 1
Year: 2023 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-07 Air Black Box

Manchester, United Kingdom

Air Black Box is a travel technology company dedicated to transforming the travel selling process through decades of domain expertise, patented integration technology and a vision for innovation. Air Black Box’s industry-first comprehensive travel connection platform enables airlines, airports and travel providers to expand their market footprint, boost passenger volume, increase core and ancillary revenue, and create new sales opportunities by efficiently and cost-effectively facilitating the cross-selling, distribution and fulfillment of travel products and services. Air Black Box was founded in 2013 and is based in Manchester, England.

Buy -

Seller(S) 1

SELLER
DESCRIPTION

777 Partners is a private investment firm that will consider company investment opportunities at all stages of development. The Firm looks to partner with entrepreneurs, business owners, and management teams when pursuing transactions. Specific areas of interest include insurance, aviation, consumer finance, litigation finance, financial technology, and energy sectors. 777 Partners was formed in 2015 as a buyout of SuttonPark Capital from PennantPark, a publicly traded business development company. The Firm is based in Miami, Florida.


DEAL STATS #
Overall 4 of 5
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 5
Country: Israel M&A 1 of 1
Year: 2023 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-07 Air Black Box

Manchester, United Kingdom

Air Black Box is a travel technology company dedicated to transforming the travel selling process through decades of domain expertise, patented integration technology and a vision for innovation. Air Black Box’s industry-first comprehensive travel connection platform enables airlines, airports and travel providers to expand their market footprint, boost passenger volume, increase core and ancillary revenue, and create new sales opportunities by efficiently and cost-effectively facilitating the cross-selling, distribution and fulfillment of travel products and services. Air Black Box was founded in 2013 and is based in Manchester, England.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-27 First Trinity Financial

Tulsa, Oklahoma, United States

First Trinity is an insurance holding company emphasizing annuity contracts and ordinary life insurance products in niche markets. First Trinity Financial was founded in 2004 and is based in Tulsa, Oklahoma.

Buy -