Strata Partners is delighted to announce that it acted as exclusive corporate finance adviser to Vayant Travel Technologies on its sale to PROS, for a consideration of US$35 million.
Sofia, Bulgaria-based Vayant is a cloud software company that provides advanced shopping, pricing, merchandising and inspirational travel solutions to major global airlines and tour operators.
The acquisition of Vayant accelerates PROS modern commerce innovation for the travel industry and positions PROS to deliver even greater value to its travel customers. The powerful combination creates an end-to-end offer optimization solution designed to help travel companies deliver personalized offers and expanded choices that drive loyalty and growth.