Amadeus Acquires Airline Automation
Leading Airline Services Provider Sold
MCLEAN, VA (Nov. 18, 2003) - The McLean Group LLC represented Airline Automation, Inc. in its sale to Amadeus Global Travel Distribution, S.A., a Spain-based global leader in travel technology and distribution services. Airline Automation, Inc. is a leading provider of automation solutions to the airline and hospitality industries.
According to Airline Automation's CEO, Scott Kimbriel, "The valuable combination of Airline Automation with Amadeus will enable both to significantly leverage each other's synergistic products and customers around the world."
John Rovani, McLean Group Practice Director, Travel/Transportation, Hospitality and Food Service, said "Through this acquisition, Amadeus will diversify their revenue models and get closer to the supplier."
In addition, this transaction confirms The McLean Group's unique value to assist travel and hospitality firms in planning and executing merger and acquisition transactions to uncover and maximize shareholder value. Mr. Kimbriel added, "The McLean Group's industry-focused expertise and experience made a significant difference in this transaction."
Airline Automation, Inc., based in Tucson, Arizona, was established in 1983. An established supplier of travel and hospitality automation services, Airline Automation is the recognized leader in revenue integrity solutions. Revenue integrity is defined as a revenue management solution that involves reducing seat inventory spoilage by identifying and eliminating duplicate and un-ticketed airline reservations.
The McLean Group, LLC, is a leading private investment bank providing merger and acquisition (M&A), corporate finance, business valuation, capital formation, executive advisory and litigation support services to middle-market businesses. The McLean Group represents clients all over the world, varying in size from $5 million to $300 million in annual revenues. The firm serves technology, government contracting and service industries and has a practice dedicated to Travel/Transportation, Hospitality and Food Service.
Securities transactions are executed through McLean Securities LLC, a registered NASD broker/dealer.
About The McLean Group
The McLean Group is a privately owned investment bank that provides merger and acquisition (M&A), business valuation, capital formation, corporate finance and litigation support services to clients generating from $5 million to $300 million in annual revenues.
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