17 Travel Tech Acquisitions So Far This Year – See the List
Photo Credit: There were two major acquistion announcements of payments companies for travel so far in 2025. Flickr / Nenad Stojkovic
Skift Take
Small deals are leading M&A activity in travel tech. But one area where larger deals are emerging is in travel payments.
Small deals are leading unprecedented M&A activity in travel tech right now, and you'll see that they dominate the list below. As we recently reported, private equity firms have accumulated an estimated $3 trillion that they need to deploy, and roughly $300 billion of that is earmarked for tech. Investment bank AGC Partners says these PE-backed players are going on a “feeding frenzy” to acquire smaller companies and consolidate their respective markets.
One area where larger deals are emerging is in travel payments. There have been two such deals in payment tech in recent weeks: Shift4 plans to purchase Global Blue for $2.5 billion, and Flywire just bought Sertifi for $330 million.
Paired with two other big deals in the past couple of years, there seems to be a pattern emerging. Amadeus last year acquired Voxel for $123.2 million. And Sabre acquired Conferma Pay in 2022 for $72.5 million.
All of these companies are trying to get ah
