m_and_a
confidence high
sentiment positive
materiality 0.85
Sabre closes sale of Hospitality Solutions to TPG for $1.1B; net proceeds $960M to reduce debt
Sabre Corp
- Sale of Hospitality Solutions business completed on July 3, 2025 for $1.1 billion cash, $960 million net of taxes and fees.
- Vast majority of net proceeds will be used to pay down debt and reduce net leverage, per CEO Kurt Ekert.
- Scott Wilson, President of Hospitality Solutions, terminated employment and received $5.3 million one-time cash bonus contingent on closing.
- Wilson’s outstanding unvested equity awards expired upon termination.
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