On the Record · Travelport Worldwide
Travelport Worldwide acquisitions, on the record
The businesses Travelport Worldwide bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
IGTS (Gurgaon, India-based technology development company; 51% interest)Word for word“We recently signed an agreement to divest our 51% interest in IGTS.” 10-K for 2016 | agreed divestiture | — | — |
Mobile Travel Technologies Ltd. (now, Travelport Digital Limited)Word for word“Following our acquisition of Mobile Travel Technologies Ltd. (now, Travelport Digital Limited) (“Travelport Digital”) in July 2015, we also provide innovative digital travel solutions for airlines, TMCs and travel agencies.” 10-K for 2016 | acquisition | July 2015 | — |
Gullivers Travel Associates (“GTA”) businessWord for word“In May 2011, we completed the sale of our Gullivers Travel Associates (“GTA”) business to Kuoni Travel Holdings Ltd. (“Kuoni”) which qualified to be reported as discontinued operations.” 10-K for 2016 | divestiture | May 2011 | — |
our distributor in JapanWord for word“During the year ended December 31, 2016, cash used in investing activities of $122 million was primarily due to $107 million of cash used to purchase property and equipment and $15 million of net cash consideration paid for the acquisition of our distributor in Japan.” 10-K for 2016 | acquisition | year ended December 31, 2016 | $15 million of net cash consideration paid |
IGT Solutions Private Ltd. (IGTS), 51% interestWord for word“We divested our 51% interest in IGTS in April 2017.” 10-K for 2017 | divestiture | April 2017 | — |
Galileo Japan K.K (now, Travelport Japan K.K.), distributor in JapanWord for word“In April 2016, the Company completed the cash acquisition of Galileo Japan K.K (now, Travelport Japan K.K.), its distributor in Japan, for a cash consideration of $15 million, net of cash acquired.” 10-K for 2017 | acquisition | April 2016 | $15 million, net of cash acquired |
Gullivers Travel Associates (GTA) business, sold to Kuoni Travel Holdings Ltd.Word for word“In May 2011, we completed the sale of our Gullivers Travel Associates (“GTA”) business to Kuoni Travel Holdings Ltd. (“Kuoni”) which qualified to be reported as discontinued operations.” 10-K for 2017 | divestiture | In May 2011 | — |
IGTSWord for word“We divested our 51% interest in IGTS in April 2017.” 10-K for 2018 | divestiture | April 2017 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $15 million | $14.1 million |
Deal filings since 2016
- 2019-05-30 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2019-05-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-12-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-03-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-08-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-01-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-06-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Travelport Worldwide’s annual reports (10-K for 2018, 10-K for 2017, 10-K for 2016) and the financial data it files with the SEC, as of 2019-02-22. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.