777 Partners Adds AeroCRS and World Ticket to Travel Technology Portfolio.
MANews-(C)2009-2022
Miami, US-based investment firm 777 Partners has acquired Denmark-based passenger service solutions provider World Ticket and Israel-based travel services provider AeroCRS, to expand travel technology portfolio, the company said.
Terms of the transaction were not disclosed.
The acquisitions support the company's technology strategy focussed on delivering solutions that create new commerce channels for travel companies and improve next-generation retailing, distribution, interlining, and passenger connectivity.
The addition of AeroCRS and WorldTicket will form a new travel group offering a suite of disruptive technology products to airlines and travel companies worldwide.
The acquisitions are part of 777 Partners' USD 100m commitment to the travel vertical and supporting the post-pandemic travel rebound and industry restructure through new disruptive technology opportunities.
AeroCRS...
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