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Search results for “private investment”
Travelport receives $500 million in fresh financing from private equity
06/08/2020
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6:00:31 PM
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The fresh investment provides Travelport with the liquidity it needs to manage the sharp downturn in revenue related to a devastated travel industry due to the coronavirus pandemic.
Accelya to buy Farelogix in airline tech rollup
06/17/2020
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9:54:46 PM
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The company now wants to build “an order accounting module” that simplifies the complexity of tax reconciliation for individual products and services.
Bain Capital completes $817 million acquisition of Japan’s Showa Aircraft
05/13/2020
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7:16:08 PM
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The private equity firm is looking at ramping up its presence in the Japanese buyout market, and aims to join global alternative investment firms Carlyle and KKR in raising dedicated vehicles for Japan.
Vacasa raises $108M led by Silver Lake to bolster professionally managed rentals
06/03/2020
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6:42:38 PM
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Vacasa appears to be betting on its professionally managed services to lure back future travelers for the time being.
Bain Capital: Virgin Australia needs to regain "Virgin Blue fun"
05/26/2020
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6:20:15 PM
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Bain's Virgin 2.0 will be an airline for all Australians, with Australian management and staff, funded by significant Australian money, and Bain Capital, which has been investing in Australia for more than 20 years.
Palminvest buys Portuguese hotel chain for $335 million
06/04/2020
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5:35:35 PM
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The acquisition is a risk worth taking although it could take up to five years to restore its profits to where they were before the outbreak.
Cirque du Soleil gets $50 million in emergency funds from main shareholders
05/18/2020
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5:48:05 PM
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In late March, the Cirque du Soleil shuttered nearly all of its operations and laid off 95 per cent of its staff, which adds up to 4,679 employees around the world. All of the Cirque’s shows around the globe have been cancelled due to the COVID-19 pandemic.
React Mobile gets $6M in funding to develop hotel panic-button tech
05/28/2020
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4:23:40 PM
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The funding will be used to expand React Mobile’s safety platform, which enables hotel management to send resources to the exact location of a staff member in an emergency within seconds.
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