Rearden's Travelport Partnership: History, Context and the Future of Travel Procurement (Part 1)
Spend Matters would like to welcome Richard Lee, the co-author of this post. Richard is a partner in Spend Matters Group, an M&A advisory firm serving the software, services, outsourcing and travel sectors. He is the former North America corporate development lead for Orbitz and has extensive strategy and finance experience in the travel industry. Jason and Richard have worked together for years, although this is their first time jointly covering the travel and T&E market. Look for greater research collaboration between the two on Spend Matters in the future.
Last week, Rearden Commerce unveiled a new partnership with Travelport, an announcement that in our view represents a critical stamp of approval on the vendor's disruptive business model within the travel market. Because Travelport has competitive solutions to Rearden that it most certainly stands to achieve greater revenue -- if not higher margin -- on it's clear they decided to pursue a partnership out of the market need to remain competitive from a solution perspective for business clients that require more than a simple booking tool.
Tweet
TweetBacks
Comments
[Add Comment]
[Subscribe to Comments]
Love the broad coverage your providing. Travel is a good area for savings for any firm, especially reporting/policies that drive behavioral change.
# Posted By Anthony Calabrese
| 6/8/10 10:25 AM
Looking forward to more coverage of this market
# Posted By Gary Hare
| 6/14/10 9:43 AM
[Add Comment]
