Freshfields advises Amadeus on €1bn loan facility for TravelClick acqusition

Freshfields Bruckhaus Deringer advised Spanish travel technology company Amadeus IT Group on a €1 billion loan facility agreed with Credit Agricole CIB and JP Morgan for the acquisition of TravelClick.

TravelClick offers cloud-based and data-driven IT products for the hotel industry. It serves hotel chains including the Hilton, Marriott, and Crown Hotels.

Amadeus’ acquisition of TravelClick was valued at $1.52 billion in total. The business was acquired from private equity firm Thoma Bravo.

The revenue of the newly combined entity totals more than €5 billion.

Ben Cook

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