Announced
Completed
Financials
Tags
Private Equity
Domestic
Majority
Friendly
Travel and Tourism
United States
Single Bidder
travel agency
Acquisition
Completed
Private
Synopsis
Certares, a global travel, tourism, and hospitality investment firm, completed an investment in Avoya Travel, one of the travel industry’s most innovative companies. Financial terms were not disclosed. "We are honored to welcome Certares as a partner in Avoya Travel. It’s taken tremendous endurance to build our industry-leading platform and we are excited for our brilliant employees, independent travel advisors, and suppliers – especially during these unprecedented times. We look forward to partnering with Certares to capitalize on the growth opportunities we see ahead as our industry begins its strong recovery," Jeff Anderson, Avoya Co-Owner and Co-CEO.
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