Skift ($) March 1st, 2025
Small deals are leading unprecedented M&A activity in travel tech right now, and you'll see that they dominate the list below. As we recently reported, private equity firms have accumulated an estimated $3 trillion that they need to deploy, and roughly $300 billion of that is earmarked for tech. Investment bank AGC Partners says these PE-backed players are going on a “feeding frenzy” to acquire smaller companies and consolidate their respective markets.
One area where larger deals are emerging is in travel payments. There have been two such deals in payment tech in recent weeks: Shift4 plans to purchase Global Blue for $2.5 billion, and Flywire just bought Sertifi for $330 million.
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