KKR to acquire a minority stake in Etraveli Group.

KKR, a global investment firm, agreed to acquire a minority stake in Etraveli Group, a travel technology company. Financial terms were not disclosed. "We are excited to welcome KKR as a new investment partner, given their strong track record in the global travel and technology markets. This is another landmark moment for Etraveli Group that strengthens our global position and marks the next chapter in our effort to bring innovation and expertise to facilitate flight purchases for customers around the world. Together with CVC and KKR, we look forward to accelerating the expansion of our global B2B Flight Tech Platform and continuing to deliver smart, seamless travel solutions together with our partners," Mathias Hedlund, Etraveli Group Chief Executive Officer.