Key Points
- OAG, a UK-based flight information provider, has acquired Denmark-based airfare data firm Infare.
- The acquisition values the combined company at over $500 million with 300 employees across 10 offices.
- Vitruvian Partners, which previously acquired OAG, supports the deal, emphasizing the need for detailed air travel data.
Summary
OAG, a UK-based provider of flight status and schedule information, has acquired Infare, a Denmark-based airfare data and analysis firm, from Ventiga Capital. The acquisition, which values the combined entity at over $500 million, aims to enhance OAG's capabilities in delivering precise air travel data to meet growing market demands. The deal is supported by Vitruvian Partners, with both management teams remaining involved and retaining a shareholding in the company.