Sabre Announces Closing of Sale of Hospitality Solutions Business to TPG

Carlyle backs TPG's acquisition of Sabre's hospitality unit with $400 million financing

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Sabre completes $1.1 billion sale of hospitality solutions unit to TPG

Sabre announces closing of sale of Hospitality Solutions business to TPG

Vast majority of $960 million net proceeds to be used to pay down debt

TPG Closes Its $1.1B Acquisition of Hospitality Solutions from Sabre, Announces Tech Platform's New CEO

Dallas Innovates, Every Day: Here's what's new + next in North Texas. TPG, a global alternative asset management firm based in Fort Worth and San Francisco, has completed its previously announced acquisition of hospitality technology provider Hospitality Solutions from Southlake-based Sabre (Nasdaq: SABR) for $1.1 billion in cash. Hospitality Solutions also announced the appointment of Teresa Mackintosh as CEO.…The post TPG Closes Its $1.1B Acqu…

TPG Completes Acquisition of Sabre Hospitality Solutions, Gets Investment From Hotel Operator

Private equity firm TPG completed its $1.1 billion acquisition of Sabre Hospitality, and brought on a strategic minority investor, MCR.

TPG Completes Acquisition of Sabre's Hospitality Solutions Business Unit

SAN FRANCISCO & FORT WORTH, Texas—Hospitality Solutions announced the completion of its previously announced acquisition by TPG. The completion of the transaction marks the next chapter for Hospitality Solutions as a standalone company. Hospitality Solutions also announced that it has appointed Teresa Mackintosh as chief executive officer. Mackintosh has previously scaled multiple SaaS companies. “The hospitality industry is embarking on a long-…