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Investment
3 mins to read

Serko acquires GetThere, partners with Sabre, seeks $250m by FY30

NZX-listed travel software provider says acquisition will initially be earnings dilutive.

Serko CEO Darrin Grafton.

Will Mace Tue, 29 Oct 2024

Serko has acquired business travel management solution GetThere from Nasdaq-listed Sabre Corporation for US$12 million as part of a partnership to help it scale in the North American market.

NZX and ASX-listed Serko has agreed to a five-year partnership with US$1.5 billion market-cap travel software

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Will Mace Tue, 29 Oct 2024
Contact the Writer: william@nbr.co.nz
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Comings & Goings

Sean Gourley to join Serko board as non-executive
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Serko upgrades 2024 income guidance on business travel demand
Company profile
Powered by: nzx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Related News
Investment
1

Serko posts 48% income rise despite weaker than expected demand
Investment

Serko stock overpriced due to customer concentration – ForBarr
Investment

Serko re-signs with Booking.com, meets annual income guidance
Comings & Goings

Sean Gourley to join Serko board as non-executive
Investment

Serko upgrades 2024 income guidance on business travel demand
Serko acquires GetThere, partners with Sabre, seeks $250m by FY30
Investment,
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