Thoma Bravo, LLC has completed its $930 million acquisition of TravelClick , a global provider of innovative cloud-based revenue-generating solutions. The company provides cloud-based solutions for hotels around the globe that increase revenue, reduce cost, improve performance and create a strong brand, the company says.
“TravelClick's software and demand generation tools offer a very tangible ROI to its hospitality customers across 38,000 properties,” said A.J. Rohde, principal at Thoma Bravo. “As the industry continues to evolve and increase in complexity, these tools are becoming even more critical. As new partners, we are eager to support strong investment in each of these areas to enable customers to navigate and grow.”