Ventiga Capital sells Infare to OAG to create data powerhouse worth over $500m

TAGS

OAG, a global leader in travel industry data, has acquired Infare, a top provider of competitor air travel data, in a deal that elevates the combined entity’s value to over $500m. The acquisition, made from Ventiga Capital, will enable OAG and Infare to utilize their comprehensive data platform to meet critical air travel intelligence needs worldwide.

Both companies, with their deep commitment to quality, accuracy, and customer-centricity, are poised to deliver enhanced data solutions and innovative services to airline partners and the wider travel ecosystem. Infare’s expertise in providing high-quality competitor air travel data will complement OAG’s existing solutions, offering customers a more holistic view of supply and demand.

See also  HealthDatix owner iGambit to merge with healthcare IT company Clinigence

“The increasing dynamism in global travel and technology is fuelling a need for more sophisticated, granular data to understand, manage and unlock growth in air travel,” noted Phil Callow, CEO of OAG. “I am excited to welcome Infare colleagues to the OAG family.”

Nils Gelbjerg-Hansen, CEO of Infare, highlighted the role of accurate data in making informed business decisions and the potential for expansion in services and product innovation through the merger.

See also  Genworth Financial scraps $2.7bn merger deal with China Oceanwide

Vitruvian Partners is set to provide financial backing for the now-expanded OAG, which boasts over 300 employees globally across 10 offices. Ben Johnson, a Partner at Vitruvian Partners, lauded OAG and Infare as leaders in their respective markets, anticipating growth opportunities in the merger.

Niclas Gabrán, Managing Partner at Ventiga Capital Partners, also acknowledged the growth potential in the deal, expressing satisfaction at the role Ventiga played in Infare’s success to date. Both management teams will continue in the Group and retain a shareholding post-acquisition.

CATEGORIES
TAGS
Share This