Merger Links

Sigma Additive Solutions to acquire NextTrip for $48m.

Announced

Transaction Tags

  • United States
  • Online and Social Platforms
  • travel technology
  • Acquisition
  • Majority
  • Pending
  • Friendly
  • Single Bidder
  • Domestic
  • Private

Synopsis

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.

Sources

Press Release

Sigma Additive Solutions

Transaction Value

£38m

Consideration Type

Ordinary Shares

Capital Owned

+ Add

Capital bid for

100%

EV/Sales

+ Add

EV/EBITDA

+ Add

Share Price Premium

+ Add
Service Providers (2)Dealmakers
Lake Street

financial advisors

Lake Street

Mz Group

pr advisors

Mz Group

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