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New Deal


Announced

Sigma Additive Solutions to acquire NextTrip for $48m.

Financials

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Transaction Value£38m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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United States

Online and Social Platforms

travel technology

Acquisition

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Pending

Friendly

Single Bidder

Domestic

Private

Synopsis

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Sigma Additive Solutions, a provider of in-process quality assurance software to the additive manufacturing industry, agreed to acquire NextTrip, a travel technology company based in Sunrise, Florida, for $48m. “The transaction with Sigma will establish a partnership and path forward to accelerate growth. As NextTrip continues to roll out key technology developments and grow our footprint in the travel space, we believe the relationship with Sigma will bring additional leverage and momentum. The efforts of the NextTrip team to drive the business forward have established the brand and positioned it to be a disruptive force in the industry. We look forward to continued growth and product development. NextTrip’s commitment to customer service, our deep supplier relationships and proprietary technology uniquely position us for a strong trajectory across multiple segments of the travel market,” Lyndsey North, NextTrip President.

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