(IN BRIEF) KKR is acquiring a significant minority stake in Etraveli Group, joining CVC Capital Partners to support the travel tech firm’s ongoing global expansion. Etraveli serves 50 million users annually through its AI-based flight platform and strategic partners like … Read the full press release
Posted in Aviation & Aerospace, Business, Financial, Government, Industrial, Investment, Luxembourg, Management, Marketing, News, Sweden, Technology, Travel
Tagged AI in travel, B2B flight solutions, Blaine MacDougald, Booking.com, CVC Capital Partners, Etraveli Group, fintech travel, flight platform, Flightnetwork, Global Expansion, Gotogate, Gustaf Martin-Löf, J.P. Morgan, KKR, Lorne Somerville, Mathias Hedlund, Mytrip, partnership, Private equity investment, Radisson Hotel Group, Stockholm, structured capital, travel technology, TUI
• Investments into almost 5,000 European companies, 86% SMEs • Divestments remain high at €40.5bn with almost 2,500 companies exited • Fundraising stays steady at €47.6bn in 2015 BRUSSELS, 10-May-2016 — /EuropaWire/ — Private equity investment into European companies increased … Read the full press release
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