Skip to main content

Sabre launches IPO up to $100M

Jan 22, 2014 09:37AM, Published by Anonymous, Categories: City+School, Today


Sabre Corp. headquarters in Southlake



By Christina Mlynski

Technology solutions provider of online travel Sabre Corp. — also the owner of Travelocity — filed with regulators to raise up to $100 million in an initial public offering of its common stock.

The IPO will feature Morgan Stanley, Goldman Sachs, Bank of America Merrill Lynch and Deutsche Bank Securities as joint book-running managers for the offering.

Although the number of shares to be sold and the price range for the proposed offering are not public, this is the company’s second attempt to become a publicly traded organization.

The company was spun off from American Airlines parent AMR Corp in an IPO in 2000. However, TPG Funds and Silver Lake Funds took Sabre private in 2007.

The Southlake-based company is the largest global distribution systems provider in North America for airplane bookings.

Sabre employs approximately 10,000 people in 60 countries, with technology developed in six facilities located across four continents. 

Sabre’s IPO comes at a time when travel and tourism is booming. The total travel expenditures in the US hit $892.5 billion in 2013 and are projected to increase to $933.4 billion in 2014, according to the U.S. Census Bureau.

Additionally, a study by the Global Business Travel Association predicts a 7.2% rise in business travel spending in 2014 to $288.8 billion. The spike is due to an improving economy, steady profits and gained interest in business investment. 




Southlake sabre corp ipo


  • Mansfield Farmer's Market

    10/01/2016
    08:00AM — 12:00PM

    Join us for the 13th season of the Mansfield Texas Farmers Market! Potted plants, baked good...


  • Beautification Day & Shred Day

    10/01/2016
    08:00AM — 12:00PM

    The Beautification Day and Shred Day are a chance for residents to bring in their old, bulky item...


  • St. Francis of Assisi Catholic Community in Grapevine is celebrating their 67th anniversary with ...


  • Weekly Guided Autumn Hikes

    10/01/2016
    09:00AM — 10:00AM

    Hikes feature current natural history events such as monarch butterflies, dragonflies, cardinals,...


  • Calloway's Nursery Fall Festival

    10/01/2016
    09:00AM — 07:00PM

    Join Calloway’s Nursery for its annual Fall Festival, a family event featuring a variety of free,...


  • Fire Safety Palooza

    10/01/2016
    10:00AM — 02:00PM

    The Mansfield Fire Department and its Safety Clowns host this community-wide the first Saturday i...


  • 'The Light Blonde' Pop-Up Shop at E.Leigh's

    10/01/2016
    10:00AM — 03:00PM

    Be one of the first in town to shop the BRAND NEW Fall 2016 line from The Light Blonde. Meet the ...


  • the Patch at Southlake

    10/01/2016
    01:00PM — 07:30PM

    A fun family pumpkin patch open seven days a week during the month of October. Sun-Thurs 1pm-dar...


  • SEUSSICAL™

    10/01/2016
    01:30PM

    "Oh, the thinks you can think" when Dr. Seuss' best-loved characters collide and cavort in an unf...


  • Oktoberfest Season Celebration

    10/01/2016
    02:00PM — 02:00AM

    Come enjoy our great selection of German and American Oktoberfest beers! Oktoberfest sponsored Tr...


  • SEUSSICAL™

    10/01/2016
    04:30PM

    "Oh, the thinks you can think" when Dr. Seuss' best-loved characters collide and cavort in an unf...


  • 2016 GADA Fall Gallery Night will feature Grapevine’s artistic offerings and GADA’s six member ga...


  • Mavericks Home Volleyball Game

    10/01/2016
    06:30PM — 08:30PM

    Volleyball game being hosted at The College Park Center by the UT Arlington Mavericks collegiate ...


  • Features an original story, and it's every father's nightmare. Wednesday Addams, the ultimate pri...


  • Late Day Sun at Taverna Rossa

    10/01/2016
    09:30PM — 12:30AM

    Late Day Sun has been together for over 3 years and is comprised of experienced musicians who hav...


  • the Patch at Southlake

    10/02/2016
    01:00PM — 07:30PM

    A fun family pumpkin patch open seven days a week during the month of October. Sun-Thurs 1pm-dar...


  • SEUSSICAL™

    10/02/2016
    01:30PM

    "Oh, the thinks you can think" when Dr. Seuss' best-loved characters collide and cavort in an unf...


  • Oktoberfest Season Celebration

    10/02/2016
    02:00PM — 02:00AM

    Come enjoy our great selection of German and American Oktoberfest beers! Oktoberfest sponsored Tr...


  • Features an original story, and it's every father's nightmare. Wednesday Addams, the ultimate pri...


  • Features an original story, and it's every father's nightmare. Wednesday Addams, the ultimate pri...


  • SEUSSICAL™

    10/02/2016
    04:30PM

    "Oh, the thinks you can think" when Dr. Seuss' best-loved characters collide and cavort in an unf...


  • 2016 Annual Open Juried Art Show & Sale

    10/03/2016
    10:00AM — 04:00PM

    Art Exhibit showcasing local artists hoping to win awards. Exhibition Open Sept. 18-October 14:...


  • the Patch at Southlake

    10/03/2016
    01:00PM — 07:30PM

    A fun family pumpkin patch open seven days a week during the month of October. Sun-Thurs 1pm-dar...


  • Oktoberfest Season Celebration

    10/03/2016
    02:00PM — 02:00AM

    Come enjoy our great selection of German and American Oktoberfest beers! Oktoberfest sponsored Tr...


  • 2016 Annual Open Juried Art Show & Sale

    10/04/2016
    10:00AM — 04:00PM

    Art Exhibit showcasing local artists hoping to win awards. Exhibition Open Sept. 18-October 14:...


  • the Patch at Southlake

    10/04/2016
    01:00PM — 07:30PM

    A fun family pumpkin patch open seven days a week during the month of October. Sun-Thurs 1pm-dar...


  • Oktoberfest Season Celebration

    10/04/2016
    02:00PM — 02:00AM

    Come enjoy our great selection of German and American Oktoberfest beers! Oktoberfest sponsored Tr...


  • Adult Basketball League

    10/04/2016
    07:00PM — 10:00PM

    Lace up your sneakers and join the fun. This is a full court league with games played on Tuesday ...


Read This Month's Digital Issue