Categories
Digital digital payments global blue mobile payments payments Services silver lake travel travel payments

Payments Firm for Airport Luxury Goods Shops Could Sell for $2.6 Billion

Woman with face mask shopping. Private equity firm Silver Lake disclosed concessions it offered to push through the $2.6 billion sale of its Swiss payments company Global Blue. Adobe Skift Take: Global Blue helps luxury goods shops at airports process purchases by international travelers. Private equity firm Silver Lake’s attempted sale of it looks likely […]

Categories
Apollo Global Management Booking Sites coronavirus debt Digital expedia private equity silver lake travel travel recovery tripadvisor

Expedia to Deliver Early Payday to Private Equity Investors

Expedia Group is looking to refinance $3.2 billion in private equity debt at a lower interest rate. Getty Images Skift Take: It’s no accident that Expedia Group disclosed improved booking trends on Monday, and then announced a senior notes offering to refinance the company’s private equity debt a day later. Hey, whether you are a […]

Categories
Digital funding private equity rentals silver lake Startups travel vacasa vacation rentals Venture Capital

Vacasa Grabs $108 Million in New Funding Led by Private Equity Investor Silver Lake

A mountain cabin in Sevierville, Tennessee, that’s managed by Portland, Oregon-based property rental management service Vacasa. Vacasa Skift Take: The coronavirus pandemic made some travel companies seem like dominoes stacked too closely together. But private equity will help some businesses like Vacasa escape this crisis without toppling over. — Sean O’Neill Read the Complete Story […]

Categories
airbnb Booking Sites booking.com ceo interviews coronavirus Digital expedia google peter kern private equity silver lake travel

Expedia Group CEO Peter Kern on Navigating a Frenemy Relationship With Airbnb

Expedia Group CEO Peter Kern is open to a partnership with Airbnb. Expedia Group Skift Take: Many companies won’t reopen for business when coronavirus ebbs, but two that will definitely still be left standing will be Expedia Group and Airbnb. They could potentially find ways to cooperate in the face of bigger threats in the […]

Categories
airbnb Booking Sites Digital expedia mergers mergers and acquisitions private equity silver lake travel

Expedia Close to Selling a Potential $1 Billion Stake to Private Equity to Help Shore Up Finances

Pictured is Expedia Group chairman Barry Diller. Two private equity firms may invest in the company to get it through the coronavirus pandemic. Patrick Fallon / Bloomberg Skift Take: Two private equity firms are likely taking a minority stake in Expedia Group at very attractive terms — for the investors. There will be a flood […]