Like Travenues Innovations Private Limited

closed 7/22/2020 via BNC Analysis

SpiceJet Limited, acquired Travenues Innovations Private Limited

synopsis: SpiceJet, the country’s favourite airline and the biggest air cargo operator, has announced that it has aqui-hired the team and technology of Travenues, a Bengaluru based airline technology company that built several innovative products for airline e-commerce.
buyer: SpiceJet Limited (BSE:500285:$1,608.10)
SpiceJet’s mission is to become India’s preferred low-cost airline, delivering the lowest air fares with the highest customer value, to price sensitive customers. With a dynamic fare structure, SpiceJet offers fares that are affordable and significantly lower than most airlines. "
target parent: SAIF Partners
target: Travenues Innovations Private Limited
Travenues is a Bengaluru based airline technology company that built several innovative products for airline e-commerce. Launched in 2019, Travenues was originally a wholly owned subsidiary of ixigo, India’s leading AI-based travel app.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/3/2017 via BusinessWire

PROS Holdings Corp, acquired Vayant Travel Technologies

synopsis: PROS, a cloud software company powering the shift to modern commerce, has acquired Vayant Travel Technologies, a cloud software company that provides advanced shopping, merchandising and inspirational travel solutions. Vayant enables airlines to take control of their distribution and optimize revenues across both direct and NDC channels.
buyer: PROS Holdings Corp (PRO:$247.31)
PROS is a cloud software company that helps competitive enterprises create a frictionless and personalized buying experiences for customers. PROS solutions enables companies to price, configure and sell their products and services with speed, precision and consistency in an omnichannel environment. "
target: Vayant Travel Technologies
Vayant is a cloud software company that provides advanced shopping, merchandising and inspirational travel solutions. Vayant’s advanced, cost-effective and easy-to-deploy solutions enable airlines to take control of their distribution and optimize revenues across both direct and NDC channels.
price ($mm)
$35
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/18/2008 via BusinessWire

Sabre Holdings Corporation, acquired EB2 International Ltd

synopsis: Sabre Holdings announced the acquisition of EB2 International Limited, a leading independent supplier of e-commerce enabling software products, solutions, infrastructure and services to global airlines. Sabre’s technology plans for its recently launched SabreSonic Customer Sales and Service solution.
buyer parent: Silver Lake Partners
buyer: Sabre Holdings Corporation (GS:SABR:$1,946.30)
Sabre Holdings connects people with the world's greatest travel possibilities by retailing travel products and providing distribution and technology solutions for the travel industry. "
target: EB2 International Ltd
EB2 International Limited is a London-based, leading independent supplier of e-commerce enabling software products, solutions, infrastructure and services to global airlines.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/26/2019 via BusinessWire

PROS Holdings, Inc., acquired Travelaer SAS

synopsis: PROS® , a provider of AI-powered solutions that optimize selling in the digital economy, announced it has acquired Travelaer SAS, an eCommerce software company that enables Airline partners to increase sales and customer loyalty.
buyer: PROS Holdings, Inc. (PRO:$247.31)
PROS Holdings, Inc. provides AI-powered solutions that optimize selling in the digital economy. PROS solutions make it possible for companies to price, configure and sell their products and services in an omnichannel environment with speed, precision and consistency. "
target: Travelaer SAS
Travelaer is an eCommerce software company that enables Airline partners to increase sales and customer loyalty. Their core product is Travel Paas which is an Internet Booking Engine that allows aggregation of products and data while enabling "best of breed" offering and Innovation.
price ($mm)
$12
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/27/2020 via BusinessWire

Accelya Holding World S.L., acquired Farelogix

synopsis: Accelya, a leading provider of technology solutions to the global airline and travel industry, announced that it has completed its acquisition of Farelogix, a leading provider of SaaS solutions for airline retailing and New Distribution Capability-enabled commerce.
buyer parent: Vista Equity Partners
buyer: Accelya Holding World S.L. (NSEI:ACCELYA:$60.15)
Accelya is a global provider of technology platforms, software, and services to the travel and transport industry. It offers a modular suite of technology solutions for air travel, from offer to settlement, solving critical business problems for airlines, travel agents, and industry bodies. "
target: Farelogix
Farelogix is a recognized leader and innovator in the travel industry. The company's flagship Airline Commerce Gateway is a technology platform comprised of fully integrated and optimized components for airline-controlled distribution, shopping, pricing, merchandising, and retailing across channels.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/29/2020 via Company Press Release

TWAI, LLC, will acquire Airlines Technology Pvt. Ltd.

synopsis: TWAI, a global leader in providing travel technology, has entered into a definitive agreement to acquire leading NDC (New Distribution Capability) Aggregator and solutions provider, Airlines Technology Pvt. Ltd. Airlines Technology has paved the way for direct shopping experience for flyers and enabled airlines to reach end customers directly.
buyer: TWAI, LLC
TWAI has a strong focus to bring the best technology solutions for Travel Industry. The company offers a wide range of world-class solutions for booking platform and rich content. Having more than 20 years of expertise in the travel domain, TWAI is working on “modernizing the travel distribution”. "
target: Airlines Technology Pvt. Ltd.
Airlines Technology has 19 direct connect airlines in NDC (New Distribution Capability) and 30+ customers on their platform. Airlines Technology has paved the way for direct shopping experience for flyers and enabled airlines to reach end customers directly.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/16/2019 via Company Press Release

Sabre Corporation, acquired Radixx International

synopsis: Sabre Corporation, the leading technology provider at the center of the business of travel, announced its acquisition of Radixx, a leading airline retailing software provider with an established presence in the low cost carrier (LCC) space.
buyer: Sabre Corporation (GS:SABR:$1,946.30)
Sabre Corporation is the leading technology provider to the global travel industry. Sabre's software, data, mobile and distribution solutions are used by airlines and hotel properties to manage critical operations, including passenger and guest reservations, flight, network and crew management. "
target: Radixx International
Radixx International combines a technology approach with partnership models enabling airlines and business models to be effective and efficient. Radixx offers a Internet Booking Engine, Radixx ezyCommerce, a Passenger Services System, Radixx Res, and a Departure Services Suite, Radixx Go.
price ($mm)
$110
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/7/2015 via PR Newswire

Travelport, acquired Mobile Travel Technologies

synopsis: Travelport Worldwide Limited has acquired Mobile Travel Technologies Ltd (MTT), an industry-leading mobile travel platform and product set that allows airlines, hotels, corporate travel management companies and travel agencies to engage with their customers through sophisticated, tailored mobile services.
buyer: Travelport (TVPT:$2,182.00)
Travelport is a leading Travel Commerce Platform providing distribution, technology, payment and other solutions for the global travel and tourism industry. Travelport’s Travel Commerce Platform enables travel providers, travel agencies, corporations and developers to connect. "
target: Mobile Travel Technologies
Mobile Travel Technologies Ltd. (MTT) is the leading mobile travel platform and mobile technology provider for airlines and travel companies with an extensive customer base across the global travel industry.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/13/2019 via GlobeNewswire

I.D. Systems, Inc., will acquire Pointer Telocation Ltd.

synopsis: I.D. Systems, Inc., a leading provider of enterprise asset management and Industrial IoT technology, is to acquire Pointer Telocation Ltd., a leading provider of telematics and mobile IoT solutions.
buyer: I.D. Systems, Inc. (IDSY:$53.06)
I.D. Systems is a leading global provider of wireless M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial vehicles, rental cars, and cargo. "
target: Pointer Telocation Ltd. (CM:PNTR:$77.79)
Pointer Telocation is a leading provider of technology and services to the automotive and insurance industries, offering a set of services including Fleet Management, Mobile Asset Management, Stolen Vehicle Recovery, Vehicle Diagnosis and a comprehensive solution in the field of Internet of Things.
price ($mm)[EV]
$138 [$134]
rev ($mm)
$78
EBITDA ($mm)
$13
EV / rev
1.7x
EV / EBITDA
10.6x
closed 4/19/2017 via BNC Analysis

Myntra Designs, acquired Inlogg Internet Pvt. Ltd.

synopsis: Fashion e-tailer Myntra has acquired logistics startup InLogg to address its delivery inefficiencies in terms of cost and reach. InLogg, founded by ex-Flipkart employees, partners with local courier firms in Tier II and Tier III towns to enable deliveries in non-metro cities.
buyer parent: Flipkart Online Services Pvt Ltd
buyer: Myntra Designs
Myntra.com is ranked among the leading e-commerce companies in India and is the largest online retailer of lifestyle and fashion products. Myntra, which started as an online destination for personalized products back in 2007, has expanded into broader lifestyle and fashion retailing. "
target: Inlogg Internet Pvt. Ltd.
Founded by former Flipkart employees Preeti Jain, Hemant Agrawal and Prateek Gautam in 2015, InLogg is an aggregator of logistics vendors providing services to ecommerce and retail companies. It joins hands with courier firms in tier II and III towns to enable delivery services in remote areas.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/19/2010 via BusinessWire

NCR Corporation, acquired Mobiqa

synopsis: NCR Corporation announced that it has acquired Mobiqa − a global pioneer and market leader in the delivery of mobile optimized content − and provider of tickets, boarding passes, downloadable applications and coupons in the travel, entertainment and retail sectors.
buyer: NCR Corporation (NCR:$6,462.00)
NCR Corporation is a global technology company leading how the world connects, interacts and transacts with business. NCR’s assisted- and self-service solutions and comprehensive support services address the needs of retail, financial, healthcare, entertainment, and public sector organizations. "
target: Mobiqa
Mobiqa is a leader in the delivery of optimized mobile boarding passes to the airline industry. The company is able to deliver content to smartphones and legacy handsets via over 600 mobile networks in over 150 countries worldwide.
price ($mm)
$15
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/10/2021 via Company Press Release

Transporeon GmbH, acquired TNX Logistics

synopsis: Transporeon, Europe’s largest logistics platform, has acquired TNX Logistics, a transport procurement solutions provider based in New Zealand. TNX offers a SaaS platform that automates procurement using behavioural science to achieve lower freight rates. Their AI-powered software provides solutions for carrier profiling, price predictions and more.
buyer parent: HgCapital
buyer: Transporeon GmbH
Germany-based Transporeon boosts logistics performance and profitability with every freight load. The company's cloud-based logistics applications provide end-to-end transportation management software solutions, a full-service portfolio for shippers, suppliers, retailers, recipients, and carriers. "
target: TNX Logistics
TNX Logistics is a transport procurement solutions provider based in New Zealand. TNX offers a SaaS platform that automates procurement using data and behavioural science to achieve lower freight rates. Their AI-powered software provides solutions for carrier profiling, price predictions and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/29/2016 via BNC Analysis

TXT NEXT, will acquire PACE Aerospace Engineering and Information Technology GmbH

synopsis: TXT e-solutions, a specialist in advanced aerospace software through its Next Division, has signed the agreement for the acquisition of Berlin-based PACE Aerospace Engineering and Information Technology GmbH. PACE serves the aviation industries world-wide, providing innovative, proprietary software.
buyer parent: TXT e-solutions SpA
buyer: TXT NEXT
Over the past 30 years, TXT NEXT has partnered with leading companies in the Aerospace, Automotive & Transportation, High-tech Manufacturing and Finance Sectors, providing advanced software solutions and services that empower their capabilities. "
target: PACE Aerospace Engineering and Information Technology GmbH
PACE, founded in 1995, serves the aerospace and aviation industries world-wide, providing innovative, proprietary software and services that help design, configure, evaluate and operate a growing portion of the global aircraft fleet.
price ($mm)
$6.12
rev ($mm)
$8
EBITDA ($mm)
EV / rev
1.1x
EV / EBITDA
closed 9/17/2021 via PR Newswire

Novacap Investments Inc., acquired Plusgrade

synopsis: Gaining a foothold into the highly lucrative ancillary revenue market, leading Canadian private equity firm Novacap, announced that it acquired a substantial equity interest in Montreal-based Plusgrade, the global market leader in upgrade technology and a key ancillary revenue partner for their more than 70 partners in air, cruise, and rail.
buyer: Novacap Investments Inc.
Novacap is a Canadian private equity firm with $3.6 billion of assets under management. Its distinct investment approach, based on deep operational expertise and an active partnership with entrepreneurs, has helped accelerate growth and create long-term value for its numerous portfolio companies. "
target: Plusgrade
Plusgrade is the global market leader in upgrade technology and a key ancillary revenue partner for their more than 70 partners in air, cruise, and rail. They help airlines, cruise lines and rail operators manage and optimize revenue generated from seat upgrades and other premium services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/11/2019 via PE Hub

777 Partners, acquired Air Black Box

synopsis: Air Black Box—the first global travel technology company founded to solve the complexities of cross-selling products and services within the aviation sector—has been acquired by 777 Partners, an investment firm that specializes in unique high-growth investments.
buyer: 777 Partners
777 Partners is a Miami-based investment firm focused on a broad spectrum of specialty finance businesses, asset originators and financial technology and services providers. "
target: Air Black Box
Air Black Box is a travel technology company dedicated to transforming the travel selling process through decades of domain expertise, patented integration technology and a vision for innovation.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/31/2018 via Company Press Release

Band of Boats, acquired Digital Nautic

synopsis: Band of Boats, a platform in France that allows users to buy, sell, and rent boats online, has acquired Digital Nautic, a French provider of management tools and online booking systems for boating professionals. Digital Nautic allows users to manage their business from anywhere, take orders online, send emails, manage invoices, and more.
buyer parent: Groupe Beneteau
buyer: Band of Boats
Band of Boats is an online community platform in France that allows users to buy, sell, and rent new or pre-owned boats online. Band of Boats offers over 16,000 boats of various models from multiple brands. Band of Boats enables everyone to find their ideal boat for a day, a week or a lifetime. "
target: Digital Nautic
Founded in 2014, Digital Nautic is a French provider of management tools and online booking systems for boating professionals. Digital Nautic allows boating professionals to manage their business from anywhere, take orders and payments online, send emails and SMS alerts, manage invoices, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/23/2017 via PR Newswire

Expedia, Inc., acquired SilverRail Technologies, Inc.

synopsis: Expedia, Inc., the largest online travel company in the world, has completed the acquisition of the majority stake in SilverRail Technologies, Inc., a mission-driven business that is building the digital infrastructure for the global rail industry.
buyer: Expedia, Inc. (EXPE:$7,026.00)
Expedia, Inc. is the largest online travel company in the world, with an extensive brand portfolio that includes some of the world's leading online travel brands, including: Expedia.com®, Hotels.com®, Hotwire®, Egencia®, eLong™, Venere.com®, Expedia Local Expert®, and Classic Vacations® and more. "
target: SilverRail Technologies, Inc.
SilverRail, a mission-driven business, is building the digital infrastructure for the global rail industry. SilverRail has expertise in every step of the customer life cycle: journey planning, inventory management, scheduling, pricing, booking, payment, ticketing, reporting and administration.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/7/2022 via PR Newswire

Jacobs Engineering Group Inc, acquired Streetlight Data

synopsis: Jacobs has acquired StreetLight Data, Inc., a pioneer of mobility analytics who uses its vast data and machine learning resources to shed light on mobility, enabling users to solve complex transportation problems. The addition of StreetLight accelerates Jacobs' strategy in growing its end-to-end digital solutions portfolio.
buyer: Jacobs Engineering Group Inc (JEC:$14,091.42)
Jacobs delivers impactful global solutions to create a more connected, sustainable world. Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector. "
target: Streetlight Data
StreetLight is a pioneer in the use of Big Data analytics to help transportation professionals solve their biggest problems. Using proprietary machine-learning algorithms, StreetLight measures diverse travel patterns and makes them available on-demand via its SaaS platform, StreetLight InSight.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/14/2018 via Company Press Release

Vobling, acquired Rayvr AB

synopsis: Vobling, a consulting company and studio in Sweden that provides AR and VR services, has acquired Rayvr, a company in Sweden that helps their clients apply immersive technologies that improve their businesses. Rayvr's white label VR app, Rayvr VR WL, allows businesses to jump start their VR publishing.
buyer: Vobling
Vobling is a consulting company and studio in Sweden that provides AR and VR services. They help their clients make the most of the opportunities created by VR, AR and related technology. Vobling has helped produce award winning games and designed powerful enterprise solutions. "
target: Rayvr AB
Rayvr is a company in Sweden that helps their clients apply immersive technologies that improve their businesses. Their white label VR app, Rayvr VR WL, allows businesses to jump start their VR publishing. Their key clients are found in the education, travel and transportation industries.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/14/2019 via BusinessWire

Omnitracs, acquired Blue Dot Solutions

synopsis: Omnitracs, LLC, a global pioneer of fleet management solutions to transportation and logistics companies, announced the acquisition of Blue Dot Solutions, a leading provider of cloud-based workflow software applications and platform solutions for the transportation industry.
buyer parent: Vista Equity Partners
buyer: Omnitracs
Omnitracs, LLC is a global pioneer of trucking solutions for all business models. Omnitracs’ more than 1,000 employees deliver software-as-a-service-based solutions to help over 14,000 customers manage nearly 1,100,000 assets in more than 70 countries. "
target: Blue Dot Solutions
Blue Dot is an enterprise mobile software, products and services company that delivers mobile apps and solutions, along with a cloud-based IoT platform and strategy to fleet transportation, trucking and distribution organizations.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/22/2020 via BNC Analysis

SpiceJet Limited, acquired Travenues Innovations Private Limited

synopsis: SpiceJet, the country’s favourite airline and the biggest air cargo operator, has announced that it has aqui-hired the team and technology of Travenues, a Bengaluru based airline technology company that built several innovative products for airline e-commerce.
buyer: SpiceJet Limited (BSE:500285:$1,608.10)
SpiceJet’s mission is to become India’s preferred low-cost airline, delivering the lowest air fares with the highest customer value, to price sensitive customers. With a dynamic fare structure, SpiceJet offers fares that are affordable and significantly lower than most airlines. "
target parent: SAIF Partners
target: Travenues Innovations Private Limited
Travenues is a Bengaluru based airline technology company that built several innovative products for airline e-commerce. Launched in 2019, Travenues was originally a wholly owned subsidiary of ixigo, India’s leading AI-based travel app.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/22/2020 via BNC Analysis

SpiceJet Limited, acquired Travenues Innovations Private Limited

synopsis: SpiceJet, the country’s favourite airline and the biggest air cargo operator, has announced that it has aqui-hired the team and technology of Travenues, a Bengaluru based airline technology company that built several innovative products for airline e-commerce.
buyer: SpiceJet Limited (BSE:500285:$1,608.10)
SpiceJet’s mission is to become India’s preferred low-cost airline, delivering the lowest air fares with the highest customer value, to price sensitive customers. With a dynamic fare structure, SpiceJet offers fares that are affordable and significantly lower than most airlines. "
target parent: SAIF Partners
target: Travenues Innovations Private Limited
Travenues is a Bengaluru based airline technology company that built several innovative products for airline e-commerce. Launched in 2019, Travenues was originally a wholly owned subsidiary of ixigo, India’s leading AI-based travel app.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/18/2017 via Company Press Release

Blacklane, acquired Solve Concierge, LLC

synopsis: Blacklane, a provider of professional ground transportation services, has acquired Solve, a platform that allows business and leisure travelers to book global airport concierge services. Solve's platform allows users to book a variety of services, these include curbside meet and greet, fast track access through security, and lounge access.
buyer: Blacklane
Blacklane provides professional ground transportation services in over 50 countries, 250 cities, and 500 airports around the world. It combines the highest reliability and service level at a fixed, all-inclusive price. Passengers can schedule rides through their website or mobile app. "
target: Solve Concierge, LLC
Solve is the first platform that allows business and leisure travelers to book global airport concierge services. Users can book a variety of services, these include curbside meet and greet, fast track access through security, lounge access, and assistance with immigration or flight connections.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/7/2003 via PR Newswire

Corinthian Colleges, Inc., acquired East Coast Aero Tech, LLC

synopsis: Corinthian Colleges, Inc. announced that it has signed definitive agreements to acquire substantially all of the assets of East Coast Aero Tech, LLC and its one campus for approximately $2.9 million.
buyer: Corinthian Colleges, Inc. (COCO:$1,480.80)
Corinthian Colleges is one of the largest post-secondary education companies in North America, with annual revenues of $1.3 billion and a student population of over 86,000 students. The company's mission is to prepare students for careers in demand or for advancement in their chosen field. "
target: East Coast Aero Tech, LLC
East Coast Aero Tech, LLC ("ECAT") operates one campus in Bedford, Massachusetts and has been a leader in aircraft maintenance technology training since 1932.
price ($mm)
$2.90
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/8/2019 via Company Press Release

ICR Integrity, acquired Sky-Futures Partners Limited

synopsis: ICR Integrity, a UK company specializing in integrity, corrosion, maintenance and repair solutions with market-leading products, has acquired Sky-Futures Partners Limited, UK's leading provider in delivering drone-based inspections and drone pilot training for the energy, industrial and government sectors.
buyer parent: Graphite Capital
buyer: ICR Integrity
UK’s ICR specializes in integrity, corrosion, maintenance and repair solutions with market-leading products including Quickflange™ weldless connection technology and Technowap™ engineered composite repair solutions. "
target: Sky-Futures Partners Limited
Sky-Futures is UK’s leader in delivering drone-based inspections and drone pilot training for the energy, industrial and government sectors. They provide High Definition video, still and thermal imagery and technical reports written by industry experts in flare systems and structural engineers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/10/2018 via Company Press Release

ARE Corporation, acquired AirShark

synopsis: ARE Corporation (American Rail Engineers) has acquired Media Wing, LLC, a New England based UAV/Drone Data Collection, dba AirShark, and Video Production Company. The acquisition expands ARE’s engineering, software development, bridge inspection services to include unmanned flight operations, image analysis, GIS modeling and video rendering.
buyer: ARE Corporation
ARE is an industry-leading provider of bridge management and safety services to private railroads and public transportation authorities. ARE’s decades of experience in rail engineering, bridge inspection, load ratings and FRA requirements ensure the highest quality in deliverables and safety. "
target: AirShark
Media Wing, UAV flight services and video production company, acquired AirShark in 2016 to enhance its data processing capabilities. Media Wing, dba AirShark has become a premiere UAV data collection & flight operation companies for the civil, environmental, energy and transportation markets.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/1/2022 via BNC Analysis

Volatus Aerospace, acquired MVT Geo-Solutions Inc.

synopsis: Volatus Aerospace Corp., a Canadian provider of integrated drone solutions, has acquired MVT Geo-Solutions Inc., a Canada-based leader in geomatics innovations. MVT Geo-Solutions provides turnkey services and tailored solutions to helps industries obtain accurate geospatial data. They offer services for LiDAR, aerial imagery, drones, and more.
buyer: Volatus Aerospace (TSXV:VOL:$0.05)
Volatus Aerospace is a Canadian provider of integrated drone solutions. Volatus offers a range of solutions and services for clients in the commercial and defense markets. Their services include drone services, drone training & consultancy, cargo, imaging, and more. "
target: MVT Geo-Solutions Inc.
MVT Geo-Solutions is a Canada-based leader in geomatics innovations. MVT Geo-Solutions provides turnkey services and tailored solutions to helps industries obtain accurate, high-quality geospatial data. They offer services for LiDAR, aerial imagery, drones, and more.
price ($mm)
$0.78
rev ($mm)
$1
EBITDA ($mm)
EV / rev
0.7x
EV / EBITDA
closed 11/28/2018 via Company Press Release

Terra Drone Ltd, acquired Skeye BV

synopsis: Terra Drone Ltd, a leading global commercial drone technology company, has acquired a majority stake in Skeye, a European provider of geographic data acquisition, industrial inspections, and high-end aerial imagery using unmanned aircraft (UAVs). Skeye offers services for topographic surveying, thermal inspections, and high quality aerial visuals.
buyer: Terra Drone Ltd
Terra Drone is a leading global commercial drone technology company. Terra Drone offers civil engineering surveying services for construction companies. Terra Drone also provides inspection services for the construction, mining, utility, and oil and gas industries. "
target: Skeye BV
Skeye is a leading European provider of geographic data acquisition, industrial inspections, and high-end aerial imagery using unmanned aircraft (UAVs). Skeye offers services for topographic surveying, thermal inspections, and high quality aerial visuals.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/19/2021 via BNC Analysis

Booking Holdings Inc., acquired flyiin GmbH

synopsis: Priceline has acquired Flyiin, a travel startup whose business-to-business services help airlines sell their airfares through travel agencies. They aggregate airline data feeds, called APIs and make it easy and fast for any travel brand to sell flights in a way that will delight air travelers. They are based in Germany.
buyer: Booking Holdings Inc. (PCLN:$9,215.00)
Booking Holdings Inc. is an American travel technology company that owns and operates several travel fare aggregators and travel fare metasearch engines including namesake and flagship Booking.com, Priceline.com, Agoda.com, Kayak.com, Cheapflights, Rentalcars.com, Momondo, and OpenTable. "
target: flyiin GmbH
Flyiin is a travel startup whose business-to-business services help airlines sell their airfares through travel agencies. They aggregate airline data feeds, called APIs and make it easy and fast for any travel brand to sell flights in a way that will delight air travelers. They are based in Germany.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/7/2021 via Yahoo, Inc.

Global Crossing Airlines Group, acquired Flügy

synopsis: Global Crossing Airlines Group Inc. is pleased to announce that it has completed its acquisition of democratized crowdsource travel platform Flugy.com. Flugy.com is an online travel platform whose members suggest remote and exotic travel destinations and crowdsource group charter flights to these once in a lifetime destinations.
buyer: Global Crossing Airlines Group (TSXV:JET:$0.00)
GlobalX is a US 121 domestic flag and supplemental airline now in FAA certification using the Airbus A320 family aircraft. GlobalX has taken delivery of one A320 and one A321 aircraft as it prepares for revenue operations. "
target: Flügy
Flugy is an on-demand, democratic, crowdsourcing model for air travel. The social network is designed to bring like-minded travelers together through direct, chartered flights to lesser-traveled destinations.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/22/2020 via BNC Analysis

ClaimCompass, Inc., acquired Service Technologies, Inc.

synopsis: ClaimCompass, a Bulgarian company that helps travelers get compensation for flight disruptions, has acquired Service, a travel app that provides flight compensation to the US market. The acquisition allows ClaimCompass to expand beyond the EU and not only provide coverage for US and Canadian flights but also add further product capabilities.
buyer: ClaimCompass, Inc.
ClaimCompass is a Bulgarian startup that helps airline passengers receive compensation for delayed, canceled, or overbooked flights. The company uses its access to databases and knowledge of EU aviation law to settle compensation disputes with airline companies, both in and out of the courtroom. "
target: Service Technologies, Inc.
Service is a travel app that has brought flight compensation to the US market. With its parsing technology, a simple inbox connection allows the Service app to instantly find past and future flights and secure money owed to passengers for flight disruptions and hotel rate changes.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/11/2020 via PR Newswire

Victor, acquired Victor

synopsis: Led by its founder, Clive Jackson, the management of Victor has acquired the company in a management buyout. Victor is a leading on-demand jet charter platform based in the UK. Victor's global marketplace provides access to over 7,000 private jets worldwide.
buyer: Victor
Victor is a leading on-demand jet charter platform based in the UK. Victor's global marketplace allows members to swiftly check pricing options and aircraft specifics before booking the flights they need. The platform provides access to over 7,000 private jets worldwide. "
target: Victor
Victor is a leading on-demand jet charter platform based in the UK. Victor's global marketplace allows members to swiftly check pricing options and aircraft specifics before booking the flights they need. The platform provides access to over 7,000 private jets worldwide.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/15/2020 via BNC Analysis

Surf Air, acquired BlackBird Air Inc.

synopsis: Surf Air, the first private air travel club of its kind offering all-you-can-fly service for one monthly fee, has acquired BlackBird Air, a mobile app that allow consumers to explore and book private flights all in one place.
buyer: Surf Air
Surf Air is the first private air travel club of its kind offering all-you-can-fly service for one monthly fee. Flights are available to and from convenient airports along the U.S. West Coast with additional regions and destinations to follow. "
target: BlackBird Air Inc.
BlackBird Air is a mobile app that allow consumers to explore and book private flights all in one place. BlackBird Air provides a marketplace and may act as an agent of air charter broker when facilitating flights.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/10/2019 via GlobeNewswire

Vista Global, will acquire JetSmarter

synopsis: Vista Global, a world leader in business flight solutions, announces that it has entered into an agreement to acquire JetSmarter, creating the global On Demand digital marketplace. JetSmarter is a mobile marketplace that offers instant pricing and availability for private jets worldwide.
buyer: Vista Global
Vista Global Holding is the world leader in business flight solutions. Dubai-based Vista Global offers asset lite solutions to cover all key aspects of business aviation: guaranteed and On Demand global flight coverage; aircraft leasing and finance; and cutting-edge aviation technology. "
target: JetSmarter
JetSmarter is a mobile marketplace that offers instant pricing and availability for private jets worldwide. The application democratizes the private jet industry by decreasing the entry price for consumers, and helping air carriers' gain more exposure within the market.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/26/2017 via Reuters

Crooz, will acquire Travel Online

synopsis: Crooz, a company based in Japan that offers smartphone games to the Japanese and global markets, will acquire Travel Online from Mic.9. Travel Online offers online flight booking services. Travel Online was founded in 2009 and is headquartered in Tokyo, Japan.
buyer: Crooz (JASDAQ:2138:$327.62)
Crooz, Inc. offers smartphone games to the Japanese and global markets, including original titles such as RAGNABREAK, The Knights of Avalon, Elemental Story, and Card King, in addition to games that make use of IP that represents Japan, such as HUNTER×HUNTER, NARUTO, and Final Fantasy. "
target parent: Mic.9 Co., Ltd.
target: Travel Online
Travel Online offers online flight booking services. Travel Online was founded in 2009 and is headquartered in Tokyo, Japan.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/16/2017 via Market Wire

Emedia Group, Inc., acquired AirlineFlightSearch.com

synopsis: Emedia Group, Inc. announces that it has acquired AirlineFlightSearch.com, a fully operational portal which customers can use to book flights and hotels. AirlineFlightSearch.com searches all reservation systems, hotels, air tickets among 750 airline companies and air banks.
buyer: Emedia Group, Inc. (OTCPK:EMMD:$0.60)
Emedia Group develops customized web solutions with both commercial and retail applications. Emedia Group owns and operates international online travel and hospitality web portals where users can search for flights and hotels and select the most economical options. "
target: AirlineFlightSearch.com
AirlineFlightSearch.com is a fully operational portal which customers can use to book flights and hotels. It searches all reservation systems, hotels, air tickets among 750 airline companies and air banks. It provides info on more than 300,000 hotels in 205 countries.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/24/2014 via Company Press Release

Multi Service Technology Solutions, Inc., acquired Avinode

synopsis: Multi Service Technology Solutions, Inc. a leader in aviation management software technology and card processing solutions, is excited to announce it has acquired the majority interest in Avinode, the world’s leading marketplace for buying and selling air charter online.
buyer: Multi Service Technology Solutions, Inc.
Multi Service Technology Solutions, Inc. is a global transaction management company specializing in billing and payment systems. Founded in 1978, the company provides specialized payment and software management services to fleet, commercial and government clients. "
target: Avinode
The Avinode Marketplace is the world’s leading tool for buying and selling air charter online. More than 3,000 aircraft are listed in the Avinode Marketplace, which features online quoting, availability reports, integrated scheduling, empty leg reports and safety data.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/8/2011 via PR Newswire

Beachfront Solutions, acquired Cheap-Flights.to

synopsis: Beachfront Solutions, an online travel marketing company, acquired cheap flights meta search web site www.Cheap-Flights.to where consumers can compare flight prices across multiple airfare providers, including directly from major airlines. The web site will receive a significant marketing campaign in the coming months.
buyer: Beachfront Solutions
Beachfront Solutions is an online travel marketing company. It specializes in web strategy and internet marketing for real estate, travel and tourism. "
target: Cheap-Flights.to
Cheap-Flights.to is a cheap flights meta search website where consumers can compare flight prices across multiple airfare providers directly from major airlines.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/1/2009 via Market Wire

OneSky Jets, acquired Jets.com

synopsis: OneSky Jets, a Manchester, New Hampshire-based private jet company, announced that it has acquired the assets of Quincy, Massachusetts-based competitor Jets.com. Included in the sale are the Jets.com technology platform including its servers and all the data contained therein.
buyer: OneSky Jets
Founded in 2003, OneSky Jets is the acknowledged market leader in the provision of global online aircraft charter and associated services. "
target: Jets.com
Established in 1999 Jets.com has become a leader in the private jet travel industry. With our visionary technology and world class service Jets.com is The Private Aviation Marketplace.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/25/2007 via PR Newswire

TV 2, purchased part of Momondo Denmark and a small part of Momondo.com from Momondo.com

synopsis: The young flight search engine Momondo.com, has recently sold a part of Momondo Denmark and a small part of Momondo.com to the largest news and media-corporation in Denmark TV 2.
buyer: TV 2
Denmark's TV 2 encompasses television broadcasting on more than five channels, a radio channel, book publishing and an extensive web presence. "
seller: Momondo.com
Momondo.com is a search tool that helps you find the cheapest flight tickets on the net for flights in Europe.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/15/2022 via BNC Analysis

Global Service Center PLC, will acquire Gogojii

synopsis: Global Service Center, a leading provider of business services in Thailand, will acquire a 99.99% stake in from Comanche International, a provider of hotel IT solutions in Thailand. Gogojii is an all-in-one travel booking service in Thailand. Their platform makes it easy for users to book flights, hotels, car rentals and more.
buyer: Global Service Center PLC
Global Service Center is a leading provider of business services in Thailand. Global Service Center offers services for contact centers, telesales & telemarketing, debt collection, and data management. "
target parent: Comanche International Public Company Limited
target: Gogojii
Gogojii is an all-in-one travel booking service in Thailand. Gogojii offers an online smart booking system that can fulfill all of their client's travel needs. Their platform makes it easy for users to book flights, hotels, car rentals and more.
price ($mm)
$0.36
rev ($mm)
$1
EBITDA ($mm)
$0
EV / rev
0.6x
EV / EBITDA
1.1x
closed 8/26/2020 via BNC Analysis

Capital One Financial Corp., acquired Freebird, Inc.

synopsis: Banking giant Capital One has acquired Freebird, a business-to-business startup whose predictive technology enables agents to sell smarter flight insurance and rebooking services.
buyer: Capital One Financial Corp. (NYSE:COF:$30,593.00)
Capital One Financial Corporation is a financial holding company whose subsidiaries have $255.1B in deposits and $373.2B in total assets. Capital One offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients through a variety of channels. "
target: Freebird, Inc.
Freebird is a business-to-business startup whose predictive technology enables agents to sell smarter flight insurance and rebooking services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

Like Travenues Innovations Private Limited


read more

Travenues Innovations Private Limited

Vayant Travel Technologies

EB2 International Ltd

Travelaer SAS

Farelogix

Airlines Technology Pvt. Ltd.

Radixx International

Mobile Travel Technologies

Pointer Telocation Ltd.

Inlogg Internet Pvt. Ltd.

Mobiqa

TNX Logistics

PACE Aerospace Engineering and Information Technology GmbH

Plusgrade

Air Black Box

Digital Nautic

SilverRail Technologies, Inc.

Streetlight Data

Rayvr AB

Blue Dot Solutions

read more

Travenues Innovations Private Limited

read more

Travenues Innovations Private Limited

read more

Solve Concierge, LLC

East Coast Aero Tech, LLC

Sky-Futures Partners Limited

AirShark

MVT Geo-Solutions Inc.

Skeye BV

flyiin GmbH

Flügy

Service Technologies, Inc.

Victor

BlackBird Air Inc.

JetSmarter

Travel Online

AirlineFlightSearch.com

Avinode

Cheap-Flights.to

Jets.com

Momondo.com

Gogojii

Freebird, Inc.

Geography
Matching Companies
Ticker: TSX:XCT
 
 
 
 
 
 
 
 
exactEarth
exactEarth
exactEarth is a leading provider of global maritime vessel data for ship tracking and maritime situational awareness solutions.
year
2021
rev ($mm)
$18.21
EBITDA ($mm)
$0.24
EBIT ($mm)
($0.15)
Net Income ($mm)
Employees
33
  • drill down
  • watch
Ticker: LKCO
 
 
 
 
 
 
 
 
Luokung Technology Corp.
Luokung Technology Corp.
Luokung is a leading global spatial-temporal big-data technology company and a leading interactive location-based services company in China. Luokung's mobile app provides personalized and precise services to travelers on the train and at their destination.
year
2018
rev ($mm)
$21.04
EBITDA ($mm)
($3.75)
EBIT ($mm)
($8.87)
Net Income ($mm)
Employees
111
  • drill down
  • watch
Ticker: UAL
 
 
 
 
 
 
 
 
United Airlines
United Airlines
United Airlines, Inc. is a major American airline headquartered at Willis Tower in Chicago, Illinois. It is the third largest airline in the world, measured by fleet size and route network.
year
2019
rev ($mm)
$43,259.00
EBITDA ($mm)
$6,835.00
EBIT ($mm)
$4,547.00
Net Income ($mm)
$3,009.00
Employees
90116
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
JetBlue Airways Corporation
JetBlue Airways Corporation, often stylized as "jetBlue", is an American low-cost non-union airline. JetBlue offers nonstop daily service to more than 75 destinations in the continental U.S., Bermuda, the Caribbean, Mexico and Latin America.
year
2013
rev ($mm)
$5,441.00
EBITDA ($mm)
$707.00
EBIT ($mm)
$419.00
Net Income ($mm)
$168.00
Employees
  • drill down
  • watch
Ticker: PA:ADP.AS
 
 
 
 
 
 
 
 
Paris Aéroport
Groupe ADP (Paris Aéroport) is an international airport operator based in Paris, France. The company owns and manages Parisian international airports Charles de Gaulle Airport, Orly Airport and Le Bourget Airport, all gathered under the brand Paris Aéroport.
year
2017
rev ($mm)
$4,230.41
EBITDA ($mm)
$1,692.40
EBIT ($mm)
$1,000.00
Net Income ($mm)
$667.84
Employees
6159
  • drill down
  • watch
Ticker: QAN
 
 
 
 
 
 
 
 
Qantas Airlines
Qantas is widely regarded as the world's leading long distance airline and one of the strongest brands in Australia. They also operate subsidiary businesses including other airlines, and businesses in specialist markets such as Q Catering.
year
2021
rev ($mm)
$4,194.82
EBITDA ($mm)
($21.21)
EBIT ($mm)
($979.78)
Net Income ($mm)
Employees
22000
  • drill down
  • watch
Ticker: BSE:500285
 
 
 
 
 
 
 
 
SpiceJet Limited
SpiceJet Limited
SpiceJet’s mission is to become India’s preferred low-cost airline, delivering the lowest air fares with the highest customer value, to price sensitive customers. With a dynamic fare structure, SpiceJet offers fares that are affordable and significantly lower than most airlines.
year
2019
rev ($mm)
$1,608.10
EBITDA ($mm)
$26.86
EBIT ($mm)
($8.64)
Net Income ($mm)
Employees
11488
  • drill down
  • watch
Ticker: KLSE:AIRASIA
 
 
 
 
 
 
 
 
AirAsia Berhad
AirAsia Berhad
AirAsia is the world's leading low-cost airline. AirAsia has carried more than 400 million guests and has a fleet of over 200 aircraft. The airline is proud to be a truly Asean airline with established operations based in Malaysia, Indonesia, Thailand and the Philippines as well as India and Japan.
year
2021
rev ($mm)
$293.64
EBITDA ($mm)
($1,220.44)
EBIT ($mm)
($1,249.84)
Net Income ($mm)
Employees
21059
  • drill down
  • watch
Ticker: DAL
 
 
 
 
 
 
 
 
Delta Air Lines, Inc.
Delta Air Lines is the world’s largest airline. Delta, its Northwest subsidiary and Delta Connection carriers offer service to 368 destinations in 66 countries and serve more than 170 million passengers each year.
year
2009
rev ($mm)
$28,063.00
EBITDA ($mm)
$1,619.00
EBIT ($mm)
$83.00
Net Income ($mm)
Employees
79005
  • drill down
  • watch
Ticker: TSXV:JET
 
 
 
 
 
 
 
 
Global Crossing Airlines Group
Global Crossing Airlines Group
GlobalX is a US 121 domestic flag and supplemental airline now in FAA certification using the Airbus A320 family aircraft. GlobalX has taken delivery of one A320 and one A321 aircraft as it prepares for revenue operations.
year
2020
rev ($mm)
EBITDA ($mm)
($2.52)
EBIT ($mm)
($2.52)
Net Income ($mm)
Employees
0
  • drill down
  • watch
Ticker: LSE:AIR
 
 
 
 
 
 
 
 
Air Partner plc
Air Partner plc
Air Partner is a global aviation services group listed on the LSE. Founded in 1961, the Group provides aviation services and solutions in air charter, travel management, emergency evacuation, aircraft remarketing and aviation safety consultancy.
year
2019
rev ($mm)
$96.02
EBITDA ($mm)
$11.96
EBIT ($mm)
$6.95
Net Income ($mm)
$4.16
Employees
350
  • drill down
  • watch
Ticker: ENXTPA:ALDR
 
 
 
 
 
 
 
 
Delta Drone SA
Delta Drone SA
The Delta Drone Group is a recognized player in the civilian drones sector for professional use. It develops a global service offering, from the acquisition of data to computer processing using a specifically developed information system, including the provision of professional pilots.
year
2017
rev ($mm)
$2.07
EBITDA ($mm)
($5.84)
EBIT ($mm)
($8.00)
Net Income ($mm)
Employees
41
  • drill down
  • watch
Ticker: BRS
 
 
 
 
 
 
 
 
Bristow Group, Inc.
Bristow is one of the world’s largest providers of helicopter services. The first civil helicopter company to work in the oil and gas industry, Bristow has earned an international reputation for speed of response and quality of service.
year
2011
rev ($mm)
$1,232.81
EBITDA ($mm)
$250.32
EBIT ($mm)
$159.45
Net Income ($mm)
$132.32
Employees
3289
  • drill down
  • watch
Ticker: TSXV:VOL
 
 
 
 
 
 
 
 
Volatus Aerospace
Volatus Aerospace
Volatus Aerospace is a Canadian provider of integrated drone solutions. Volatus offers a range of solutions and services for clients in the commercial and defense markets. Their services include drone services, drone training & consultancy, cargo, imaging, and more.
year
2020
rev ($mm)
$0.05
EBITDA ($mm)
EBIT ($mm)
($0.05)
Net Income ($mm)
$0.35
Employees
14
  • drill down
  • watch
Ticker: RCAT
 
 
 
 
 
 
 
 
Red Cat Holdings, Inc.
Red Cat Holdings, Inc.
Red Cat Holdings is a Puerto Rican company focused on drones. Red Cat provides products, services and solutions through its subsidiaries. Their subsidiaries provide First Person View (FPV) video goggles, an online marketplace for FPV drones and equipment, and drone flight data analytics software.
year
2021
rev ($mm)
$3.49
EBITDA ($mm)
EBIT ($mm)
($2.71)
Net Income ($mm)
Employees
0
  • drill down
  • watch
Ticker: ENXTPA:ALDRV
 
 
 
 
 
 
 
 
Drone Volt Scandinavia ApS
Drone Volt Scandinavia ApS
Founded in 2011, Drone Volt is the market leader in the manufacturing and sales of service drones that represent many vertical markets including Security, Agriculture, Cinematography, Virtual Reality, Architecture, Real Estate, Construction, Mapping, Data Collection, and Mining.
year
2016
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker: SEHK:1993
 
 
 
 
 
 
 
 
Asiaray Media Group Limited
Asiaray Media Group Limited
Asiaray Media Group is a leading out-of-home media company in Greater China with a strategic focus on airport and metro line advertising. It is amongst the top privately-owned media companies with exclusive concession rights to airports and metro lines in Greater China.
year
2018
rev ($mm)
$242.55
EBITDA ($mm)
$19.56
EBIT ($mm)
$14.05
Net Income ($mm)
$5.89
Employees
912
  • drill down
  • watch