MOND - Mergers and acquisitions

AUSTIN, Texas, April 04, 2025 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. announces its acquisition by Tabhi, and exit from Chapter 11 restructuring. Tabhi acquired substantially all the assets of Mondee Holdings, Inc. and strengthened its balance sheet by investing additional equity, significantly reducing debt and other obligations. Tabhi ownership includes affiliates of TCW Asset Management Company LLC ("TCW"), Morgan Stanley Investment Management ("MSIM"), and Prasad Gundumogula, the Company's Co-Founder and Chairman. With a substantial personal cash investment, Mr. Gundumogula now holds a majority equity stake and has stepped in as the company's CEO. TCW is also the Administrative Agen

AUSTIN, Texas, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. (NASDAQ:MOND) ("Mondee" or the "Company"), the high-growth, travel technology company and marketplace, with a portfolio of globally recognized platforms in the leisure and corporate travel sectors, today announced the acquisition of Skypass Travel, Inc. ("Skypass"), a global full-service retail and wholesale provider of corporate, leisure, and humanitarian travel, based in the Dallas, Texas area. The acquisition of Skypass supports Mondee's ongoing expansion and diversification endeavors, encompassing markets that serve both personnel and affiliates from international corporations, small and midsize businesses (SMBs),

AUSTIN, Texas, May 15, 2023 (GLOBE NEWSWIRE) -- Mondee Holdings Inc. (NASDAQ:MOND) ("Mondee" or the "Company"), a technology-driven, next-generation marketplace in a $1 trillion segment of the travel market, today announced the acquisition of Consolid Mexico Holding, S.A.P.I. de C.V. ("Consolid"), a high-growth, leading travel provider based in Mexico with a global presence and an emphasis in Latin America ("LATAM"). Mondee is already a market leader in North America and is quickly growing its leadership in LATAM. Headquartered in Mexico City, Consolid enjoys a global presence and clientele, with a focus on Mexico, the second largest market in Central and South America, as well as oth

AUSTIN, Texas, May 15, 2023 (GLOBE NEWSWIRE) -- Mondee Holdings Inc. (NASDAQ:MOND) ("Mondee" or the "Company"), a technology-driven, next-generation marketplace in a $1 trillion segment of the travel market, today announced the acquisition of Interep Representações Viagens E Turismo S.A. ("Interep"), a fast-growing, major B2B travel provider based in Sao Paulo, Brazil. Interep has a 40-year operating history with a focus on the upscale segment of the market. The company has experienced strong, profitable growth, doubling its net revenues compared to pre-pandemic levels. In 2022, Interep's adjusted EBITDA was approximately U.S. $2.8 million.1 Interep's distribution network of 3,100 active