Etraveli Group adds KKR and CVC to its…
🛫 Etraveli Group, headquartered in Stockholm, partnered with KKR as a new minority investor alongside CVC Capital Partners, who acquired it in 2017. The new strategic partnership aims to bolster Etraveli's global expansion. An eight-year agreement with Booking.com, active since 2019, continues. Etraveli also launched a Fintech division offering Precision, a fraud management tool for airlines. CEO Mathias Hedlund emphasized innovation and global growth with CVC and KKR. Financial details remain undisclosed.
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