TPG completed the acquisition of Hospitality Solutions business of Sabre for $1.1bn.

TPG, a private equity investment firm, completed the acquisition of Hospitality Solutions business of Sabre, a travel technology company, for $1.1bn. “Hospitality Solutions is the critical bridge between hotels and the information needed to operate efficiently and deliver tailored experiences. Teresa’s growth mindset, collaborative approach, and unique ability to drive organizational and customer-facing innovation makes her the perfect leader to take the company to its next level. We’re thrilled to partner with MCR to support the team as they continue to shape the future of hospitality technology,” Tim Millikin and Paul Hackwell, TPG Partners.