M&A Deal Summary

Travelport Acquires The CETS Co.

On October 7, 2015, Travelport acquired internet software and services company The CETS Co.

Acquisition Highlights
  • This is Travelport’s 2nd transaction in the Internet Software and Services sector.
  • This is Travelport’s 2nd transaction in Austria.

M&A Deal Summary

Date 2015-10-07
Target The CETS Co.
Sector Internet Software and Services
Buyer(s) Travelport
Deal Type Add-on Acquisition

Target

The CETS Co.

Austria
The CETS Co. is a tour operator booking platform.

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Buyer(S) 1

Buyer

Travelport

Langley, United Kingdom

Category Company
Founded 2006
Sector Information Technology
Employees4,000
Revenue 2.4B USD (2017)
DESCRIPTION

Travelport is a developer of a travel commerce platform to provide distribution, technology, payment and other solutions for the global travel and tourism industry. The company facilitates travel commerce by connecting the world’s leading travel providers with online and offline travel buyers in a proprietary business-to-business (B2B) travel marketplace. Travelport was founded in 2006 and is based in Langley, United Kingdom.


DEAL STATS #
Overall 5 of 6
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 4
Country: Austria M&A 2 of 2
Year: 2015 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-07 TraviAustria

Wien, Austria

TraviAustria GmbH is a provider of online booking platform services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-24 eNett International Pte.

Singapore

eNett International (Singapore) Pte. Ltd. is a provider of B2B payment solutions to the travel industry. eNett International was founded in 1999 and is based in Singapore.

Sell -