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New Deal


Announced

Completed

Certares completed the acquisition of AHI International.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Education Services

Private

Acquisition

Domestic

Single Bidder

United States

Completed

Majority

Friendly

education

Private Equity

Synopsis

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Certares, a private equity firm, completed the acquisition of AHI International, an operator of guided land and river journeys. Financial terms were not disclosed. Founded in 1962, AHI is a leading operator of guided land and river journeys for education-based affinity groups such as alumni associations, museums and cultural institutions. AHI designs differentiated travel programs that cater to the interests of its top-tier client organizations. All carefully crafted programs feature a strong educational component led by a multi-lingual network of travel directors.

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