Transaction · B2B Payments · 2022

Sabre / Conferma Pay 2022

Sabre acquired Conferma Pay on August 1, 2022.

Target
Conferma Pay
Acquirer
Sabre
Announced
August 1, 2022
Sub-sector
B2B Payments

Transaction overview

  • Sabre announced the acquisition of Conferma Pay on August 1, 2022.

Strategic rationale

Sabre acquired Conferma Pay to strengthen its B2B travel payment capabilities and create an open travel payment ecosystem using virtual cards.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
August 1, 2022
Acquirer
Sabre (Strategic)
Sub-sector
B2B Payments

Sources

  • crowdfundinsider.com /2022/11/199298-sabre-conferma-pay-mastercard-to-support-travel-economy-with-virtual-cards/