• TravelClick bought

Private equity investor Thoma Bravo has paid USD930m to acquire TravelClick. The company provides 37,000 hotels around the world with cloud-based reservations and guest management services.

Thoma Bravo says the investment is consistent with its strategy of investing in market leading companies with recurring revenue streams. TravelClick is expected to continue to grow its services and its customer base in the sector.
Read the full story here:
http://www.travelclick.com/en/news-events/press-releases/thoma-bravo-to-acquire-travelclick

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