M&A Deal Summary

Sabre Acquires Lastminute.com

On May 12, 2005, Sabre acquired e-commerce company Lastminute.com for 606M GBP

Acquisition Highlights
  • This is Sabre’s 1st transaction in the E-Commerce sector.
  • This is Sabre’s largest (disclosed) transaction.
  • This is Sabre’s 1st transaction in the United Kingdom.
Investment Fate
  • Lastminute.com was divested to a consortium of strategic buyers in 2014 for 120M USD.

M&A Deal Summary

Date 2005-05-12
Target Lastminute.com
Sector E-Commerce
Buyer(s) Sabre
Deal Type Add-on Acquisition
Deal Value 606M GBP

Target

Lastminute.com

London, United Kingdom
Last Minute Network Ltd. (dba Lastminute.com) is an online travel and leisure retailer.

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Buyer(S) 1

Buyer

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 1 of 8
Sector (E-Commerce) 1 of 1
Type (Add-on Acquisition) 1 of 8
Country (United Kingdom) 1 of 2
Year (2005) 1 of 1
Size (of disclosed) 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-12 Genares Worldwide Reservation Services

Irving, Texas, United States

Genares, a global, privately-held hospitality technology company provides central reservations systems, revenue management and hotel marketing solutions to more than 2,300 independent and chain hotel properties.

Buy -