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Tuesday, December 5, 2023

Center Raises $30M in Latest Funding Round; Travelport Investors Agree to $570M in New Equity Financing



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December 05, 2023
Center Raises $30M in Latest Funding Round
By Michael B. Baker
Payment and expense provider Center has raised $30 million in its latest funding round, which the company said would be used for innovation and broadening distribution. The funding round, led by Top Tier Capital as well as reinvestment from Durable Capital Partners, brings Center's total funding to more than $140 million. Keep Reading
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Travelport Investors Agree to $570M in New Equity Financing
A group of Travelport's equity holders and lenders are investing $570 million into the company, which Travelport said will give it "a robust capital structure" and be a source of investment into its technology platforms. Keep Reading
Sabre to Offer Lufthansa Group NDC Content
Sabre Corp. plans to roll out globally in 2024 New Distribution Capability offers for its Lufthansa Group carriers to Sabre-connected agents, the technology company announced Monday. Keep Reading
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BCD Expands Into Portugal with Ávoris Agreement
BCD Travel has expanded its partnership with Spanish company Ávoris Corporación Empresarial to include coverage in Portugal, the companies announced. Keep Reading
 
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