Amadeus has completed the acquisition of Vision-Box, a leading provider of biometric solutions for airports, airlines, and border control customers.
The deal has now received all necessary regulatory approvals in the relevant markets.
Amadeus has acquired Vision-Box to expand its biometrics offerings
Vision-Box solutions will become part of Amadeus’ portfolio offering for airports and airlines. The combined offering of the two companies will allow Amadeus to deliver a fully integrated traveller journey, from the moment of booking to arrival at the airport, including border control and boarding.
Vision-Box’s founder and CEO, Miguel Leitmann, will join Amadeus and report to Decius Valmorbida, president of travel, Amadeus. Vision-Box’s 470 employees will join Amadeus as well.
Vision-Box, a fast-growing global business with expected revenues of €70 million (US$75.26 million), and an estimated normalised EBITDA of close to €20 million in 2023, is partially owned by Keensight Capital, a private equity fund dedicated to pan-European Growth Buyout investments. Amadeus has acquired privately-owned Vision-Box for an agreed price (enterprise value) of approximately €320 million.
Amadeus has completed the acquisition of Vision-Box, a leading provider of biometric solutions for airports, airlines, and border control customers.
The deal has now received all necessary regulatory approvals in the relevant markets.
Vision-Box solutions will become part of Amadeus’ portfolio offering for airports and airlines. The combined offering of the two companies will allow Amadeus to deliver a fully integrated traveller journey, from the moment of booking to arrival at the airport, including border control and boarding.
Vision-Box’s founder and CEO, Miguel Leitmann, will join Amadeus and report to Decius Valmorbida, president of travel, Amadeus. Vision-Box’s 470 employees will join Amadeus as well.
Vision-Box, a fast-growing global business with expected revenues of €70 million (US$75.26 million), and an estimated normalised EBITDA of close to €20 million in 2023, is partially owned by Keensight Capital, a private equity fund dedicated to pan-European Growth Buyout investments. Amadeus has acquired privately-owned Vision-Box for an agreed price (enterprise value) of approximately €320 million.