Elliott Investment Management led a $570m funding round in Travelport Global.

Elliott Investment Management, an American investment management firm, led a $570m funding round in Travelport Global, a global technology company that powers travel bookings, with participation from Davidson Kempner Capital Management, Canyon Partners, and Siris Capital. “This investment demonstrates our investors’ support for Travelport and will advance our mission to reinvent a better future for the travel industry. With this new investment, Travelport will have a strong balance sheet with the least amount of debt amongst its peers, which we believe will put the Company in an even better position for long-term, profitable growth. Most importantly, this Transaction will further strengthen our operating business and accelerate our investments in Travelport+ and other initiatives that make us the most innovative and agile partner to all our customers. We thank our investors for their significant vote of confidence in Travelport,” Greg Webb, Travelport CEO.