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