TPG Completes Acquisition of Hospitality Solutions Business from Sabre

Hospitality Solutions, a leading hospitality technology provider, today announced the completion of its previously announced acquisition by TPG, a leading global alternative asset management firm. The completion of the transaction marks the next chapter for Hospitality Solutions as a standalone company with greater operational focus, agility, and resources as the core technology platform for hotels globally.

Additionally, Hospitality Solutions announced today that it has appointed Teresa Mackintosh as Chief Executive Officer. Mackintosh brings a proven track record of leadership and growth in global enterprise software, having scaled multiple SaaS companies through innovation, operational excellence, and customer focus.

“The hospitality industry is embarking on a long-overdue digital transformation, driven by hotels’ growing reliance on technology to deliver seamless and personalized guest experiences,” said Mackintosh. “Hospitality Solutions is leading this evolution with a suite of purpose-built tools that empower hotels to thrive in a tech-enabled era. It’s a privilege to join the team at this exciting moment in the company’s history, and I look forward to working together to provide dynamic solutions that allow our customers to focus on what matters most: their guests."

TPG acquired Hospitality Solutions through TPG Capital, its large-scale U.S. and European private equity platform. Alongside the transaction close, Hospitality Solutions has received a strategic minority investment from MCR, the third largest owner-operator of hotels in the United States, who will bring additional, specialized hospitality expertise. In connection, MCR Chairman and CEO Tyler Morse will join the company’s Board of Directors as Vice Chairman.

“Hospitality Solutions is the critical bridge between hotels and the information needed to operate efficiently and deliver tailored experiences. Teresa’s growth mindset, collaborative approach, and unique ability to drive organizational and customer-facing innovation makes her the perfect leader to take the company to its next level,” said Tim Millikin and Paul Hackwell, Partners at TPG. “We’re thrilled to partner with MCR to support the team as they continue to shape the future of hospitality technology.”

Hospitality Solutions provides integrated software and solutions that enable more than 40 percent of the world’s leading hotel brands to effectively optimize distribution, operations, retailing, and guest experience. The SaaS based platform, which was previously a division of Sabre Corporation, serves as an integrated system of record for reservation and guest information, enabling hoteliers to operate with greater accuracy and efficiency.

Mackintosh most recently served as CEO and then Executive Chair of Trintech, a global enterprise SaaS company. She led Trintech through a period of transformative growth, tripling the company’s revenue over her tenure and expanding both the customer and employee base through a mix of organic growth and strategic acquisitions. She previously served as President and CEO of Wolters Kluwer Tax and Accounting for the U.S., and as a Managing Director at Thomson Reuters. Mackintosh has also served on the boards of multiple leading public and private software businesses.

‍