Serko Completes Acquisition of Business Travel Management Platform

MT Newswires Live

2025/01/07

Serko (ASX:SKO) said that its acquisition of Nasdaq-listed Sabre's business travel management platform, GetThere closed on Tuesday, according to a same-day Australian bourse filing.

The firm's partnership with Sabre began on Tuesday as well, the filing said.

In a previous filing, Serko agreed to buy GetThere for $12 million in October 2024 as part of its North American expansion.

As part of the deal, Serko and Sabre will co-develop and co-invest in the corporate travel space for an initial term of five years, according to the filing.

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