Private Equity Takes Control of Cendyn in a Bet on Hotel Tech

A view of a junior suite at the Fontainebleau Miami Beach hotel, which is a customer of Cendyn, a travel tech firm that has received additional investment from private equity. Fontainebleau Miami Beach Skift Take: Many hoteliers will be watching what Cendyn’s new president, Tim Sullivan, does to grow his company’s software suite, which offers … [Read more…]

South Africa’s Travelstart to Buy Corporate Travel Agency Club Travel

Pictured is Travelstart’s headquarters in Cape Town, South Africa. The online travel agency is expanding into managed travel. Travelstart Skift Take: Travelstart is taking a logical next step in expanding from its core leisure travel business into corporate travel through an acquisition. — Richard Holmes Slim Leather Travel Passport Wallet Holder RFID Blocking ID Card … [Read more…]

General Atlantic Buys Startup Kiwi.com in Travel Tech Play by Private Equity

A view of a common area at the offices of travel tech company Kiwi.com, which is located in a business park in the suburbs of Brno and was designed by Kaplan Architects. General Atlantic, a private equity firm, has taken majority control of the company. Kiwi.com Skift Take: A top-tier private equity firm like General … [Read more…]