MTT sells entire issued share capital to Travelport

PUBLISHED: 21st July 2015

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We acted for the shareholders of Mobile Travel Technologies Limited in the sale of the entire issued share capital to Travelport Group Investments Limited.

LK Shields Solicitors acted for the shareholders of Mobile Travel Technologies Limited in the sale of the entire issued share capital to Travelport Group Investments Limited. LK Shields Solicitors have acted for Mobile Travel Technologies Limited since it commenced business. Emmet Scully led the transaction.

MTT provides an industry-leading mobile travel platform and product set that allows airlines, hotels, corporate travel management companies and travel agencies to engage with their customers through sophisticated, tailored mobile services including apps, mobile web and intelligent mobile messaging.  MTT's mobile apps and services are then delivered, under the customer brand, to smartphones, tablets and wearable devices, including the Apple Watch. Its clients include some of travel's most progressive companies such as easyJet, Singapore Airlines, Saudia, BCD Travel, Capita Travel and Events and the LATAM Airlines Group.

The Purchaser, Travelport Group Investments Limited, is a Travel Commerce Platform providing distribution, technology, payment and other solutions for the $8 trillion global travel and tourism industry.  With a presence in over 170 countries, over 3,400 employees and 2014 net revenue of over $2.1 billion.

For more information please contact Emmet Scully at escully@lkshields.ie.

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