M&A Deal Summary

TPG Acquires Sabre - Hospitality Solutions Business

On April 28, 2025, private equity firm TPG acquired internet software and services company Sabre - Hospitality Solutions Business from Sabre for 1.1B USD

Acquisition Highlights
  • This is TPG’s 32nd transaction in the Internet Software and Services sector.
  • This is TPG’s 68th largest (disclosed) transaction.
  • This is TPG’s 291st transaction in the United States.
  • This is TPG’s 36th transaction in Texas.

M&A Deal Summary

Date 2025-04-28
Target Sabre - Hospitality Solutions Business
Sector Internet Software and Services
Buyer(s) TPG
Sellers(s) Sabre
Deal Type Divestiture
Deal Value 1.1B USD

Target

Sabre - Hospitality Solutions Business

Southlake, Texas, United States
Sabre's Hospitality Solutions Business provides software and solutions to more than 40 percent of hotel brands. The SaaS based platform serves as an integrated system of record for reservation and guest information, enabling hoteliers to operate with greater accuracy and efficiency.

Search 214,238 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

TPG

Fort Worth, Texas, United States

Investor Investor Investor Investor


Category Private Equity Firm
Founded 1992
PE ASSETS 296.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TPG Capital is a global, mega-sized private investment firm that manages a family of funds focused on private equity, real estate, venture capital, public equity and debt investing. TPG invests in opportunities across a broad range of industries and geographies. TPG generally seeks to invest in established businesses that can benefit from the Firm's operational experience and connections. Industries of interest include consumer, retail, healthcare, industrials, digital media, natural resources, energy, real estate, technology, and software. TPG was formerly known as Texas Pacific Group and was originally established in 1992 by David Bonderman, James Coulter and William Price. The Firm is based in Forth Worth, Texas with additional offices in Europe, Asia, and Australia.


DEAL STATS #
Overall 443 of 451
Sector: Internet Software and Services M&A 32 of 33
Type: Divestiture M&A Deals 38 of 41
State: Texas M&A 36 of 36
Country: United States M&A 291 of 298
Year: 2025 M&A 4 of 12
Size (of disclosed) 68 of 113
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-04-15 Crunch

New York, New York, United States

Crunch is a gym that believes in making serious exercise fun by fusing fitness and entertainment and pioneering a philosophy of 'No Judgments.' Crunch serves a fitness community for all types of people, with all types of goals, exercising all different ways; working out at the same place together. Crunch was founded in 1989 and is based in New York City.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-05-06 AvidXchange

Charlotte, North Carolina, United States

AvidXchange is a SaaS-based provider of accounts payable management solutions for mid-sized companies in the real estate, banking, and healthcare industries. The company's product suite integrates with a customer's existing accounting systems to centralize and streamline accounts payable workflow. AvidXchange was formed in 2000 and is based in Charlotte, North Carolina.

Buy $2.2B

Seller(S) 1

SELLER

Sabre

Southlake, Texas, United States

Category Company
Founded 2006
Sector Software
Employees6,253
Revenue 3.0B USD (2024)
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 5 of 5
Sector: Internet Software and Services M&A 3 of 3
Type: Divestiture M&A Deals 5 of 5
State: Texas M&A 3 of 3
Country: United States M&A 3 of 3
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-05 Techsembly

London, United Kingdom

Techsembly is a hospitality e-commerce provider that offers a fully automated e-commerce solution enabling global hotels to manage multiple online property stores, products, and logistics on one centralized platform. Techsembly is based in London.

Buy -