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Houston co. Acquires French Travel Tech Firm in $12M Deal

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By Chris Mathews | Houston Business Journal

Houston-based global technology firm Pros Holdings Inc. (NYSE: PRO) acquired French travel tech firm Travelaer SAS.

Pros acquired Travelaer, based near Nice, France, in a deal valued at approximately $12 million, according to an Aug. 26 press release. The transaction was an all-cash deal, a Pros spokesperson said. The acquisition boosts Pros’ airline retail-focused portfolio, which aims to “transform the traveler’s digital experience” across retail channels, per the release.

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