KKR has joined CVC Capital Partners as a significant minority investor in Etraveli Group, a global flight technology platform. Financial details of the transaction were not disclosed.
Headquartered in Stockholm, Etraveli Group operates a sophisticated flight tech platform that delivers airline tickets to nearly 50 million travelers annually across 75 markets. The company leverages artificial intelligence (AI)-driven technology, deep industry expertise and strong strategic partnerships. Its services are delivered through its own consumer-facing brands such as Gotogate, Mytrip and Flightnetwork, as well as through its booking and fulfillment solutions for global partners such as Booking.com, Radisson Hotel Group and TUI.
CVC Capital Partners originally acquired Etraveli Group in 2017. KKR will work alongside CVC to support Etraveli Group in its continued global expansion. The strategic partnership reinforces Etraveli Group’s position as the world’s largest flight int
