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Serko acquires GetThere, partners with Sabre, seeks $250m by FY30

NZX-listed travel software provider says acquisition will initially be earnings dilutive.

Serko CEO Darrin Grafton.

Will Mace Tue, 29 Oct 2024
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

Serko has acquired business travel management solution GetThere from Nasdaq-listed Sabre Corporation for US$12 million as part of a partnership to help it scale in the North American market.

NZX and ASX-listed Serko has agreed to a five-year partnership with US$1.5 billion market-cap travel software

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Will Mace Tue, 29 Oct 2024
Contact the Writer: william@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Serko acquires GetThere, partners with Sabre, seeks $250m by FY30
Investment,
106460
true