Sabre, which produces technology for the travel industry, announced a deal to sell its hospitality technology operations for ...

The divestiture will establish Hospitality Solutions as a standalone provider of software for the global hotel industry, ...

The technology provider to the travel sector expects to use the $960 million in net proceeds to pay down debt and focus on ...

TPG, known for backing tech carveouts such as Boomi and McAfee, will invest in Hospitality Solutions through TPG Capital.

The travel tech firm’s Hospitality Solutions business will now be a standalone company owned by asset management firm TPG.

Sabre's shares (SABR) rose +2.7% in premarket trading on Monday, after the company said that TPG (TPG) would acquire its ...

Sabre is selling its Hospitality Solutions unit to TPG for $1.1 billion, with the transaction expected to close in the third ...

The SaaS-based platform functions as an integrated system for managing reservations and guest information, enabling hoteliers ...

April 28 (Reuters) - Sabre Corp (SABR.O), opens new tab said on Monday it will sell its hospitality software platform to asset manager TPG (TPG.O), opens new tab for $1.1 billion and use the cash ...

Sabre's shares (NASDAQ:SABR) rose 11% in premarket trading on Monday, after the company said that TPG (NASDAQ:TPG) would acquire its Hospitality Solutions business for $1.1 billion in cash.