.
MergerLinks Header Logo

New Deal


Announced

Accel-KKR backed the merger between Pegasus and Travel Tripper.

Synopsis

Accel-KKR backed the merger between Pegasus and Travel Tripper, two leading hospitality technology providers. The merger brings together two companies known for their industry-leading reservations, distribution, business intelligence, and e-commerce platforms that empower hotel groups large and small to directly own end-customer relationships and maximize bottom-line ROI. Financial terms were not disclosed. Commenting on the transaction, Sean Lenahan, CEO of Pegasus stated: "Today's transaction sends a powerful message to hoteliers that our teams and new ownership intend to set the market standard for driving innovation and enhanced customer service. Travel Tripper's intuitive user experience and software design simplifies the customer journey and its e-commerce solutions uniquely drive direct business with leisure customers for casinos, resorts and independent hotels. Together, our teams will deploy the best of our combined capabilities to deliver compelling holistic solutions that drive significant value for hoteliers."

Principals

Show Details & Financials

Market Context

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US