Travelsoft acquires TravelgateX, ATCORE Technology & Travel Connection Technology

The travel tech group becomes a global leader in travel technology with three new acquisitions, supported by its Founders, Capza, Capital Croissance and Tikehau

Travel tech group Travelsoft announces three further acquisitions – TravelgateX , ATCORE Technology , and Travel Connection Technology – to become a global player in technology solutions for the leisure travel industry, with the group’s technology processing €35 billion in transactions annually.
With the latest additions, Travelsoft – which previously acquired Eventiz Group in May this year, Travel Compositor in 2023, and Traffics in 2022 –has now a global team of 600 professionals and recurring revenues reaching €100 million annually with strong organic growth potential ahead.
The new inclusions into the group mean that Travelsoft has now a presence in over 80 countries, with 400 major clients and 1,000 travel suppliers globally.
As such, the group is able to address all issues faced by tourism companies –plus destinations (DMOs) and tourism boards – through this geographic footprint expansion, increased synergies and greater innovation opportunities to provide significantly higher value to its resilient client base.
These acquisitions were enabled thanks to the significant reinvestment by Christian Sabbagh and CAPZA,  as well as new unitranche debt from Tikehau and a ticket from Capital Croissance, who strongly believe in the potential of this combination and the great opportunities it will trigger for the group.