Sabre

Tier One Partners Earns Spot on PRNEWS Agency Elite Top 100

Retrieved on: 
Tuesday, November 28, 2023
Marketing, UX, PR, Bell, Tier 1, Eye, Sabre, UI, Growth, Tier

BOSTON and CHICAGO, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Following the celebration of its 20th anniversary, Tier One Partners , a women-owned, full-service PR, digital, and content agency, announced it has been recognized by PRNEWS as a 2024 Agency Elite Top 100 company.

Key Points: 
  • BOSTON and CHICAGO, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Following the celebration of its 20th anniversary, Tier One Partners , a women-owned, full-service PR, digital, and content agency, announced it has been recognized by PRNEWS as a 2024 Agency Elite Top 100 company.
  • The PRNEWS Agency Elite Top 100 is the industry’s most comprehensive guide of the 100 most innovative PR, marketing, and communications firms.
  • The accolade is a testament to Tier One’s unwavering commitment to excellence, innovation, and client success over the past two decades.
  • The inclusion in the PRNEWS Agency Elite 100 comes on the heels of other industry recognition Tier One received in 2023, including the North America SABREs, the PR Club’s Bell Ringer Awards, the Publicity Club of Chicago’s Golden Trumpet Awards, PRNEWS’ PR Platinum awards, and more.

Blackstone Acquires Power Grid Components, Inc., a Leading Supplier of Critical Components for the Electrical Grid

Retrieved on: 
Tuesday, December 5, 2023
Finance, Energy, Professional Services, Asset Management, Utilities, Acquisition, Safety, NYSE, Component, Senior, BX, PGC, Champlain Hudson Power Express, Sabre, Ageing, Growth, Electricity, Renewable energy

Today, Blackstone (NYSE: BX) announced that private equity funds affiliated with Blackstone have closed the acquisition of Power Grid Components, Inc. (“PGC”) from Shorehill Capital LLC.

Key Points: 
  • Today, Blackstone (NYSE: BX) announced that private equity funds affiliated with Blackstone have closed the acquisition of Power Grid Components, Inc. (“PGC”) from Shorehill Capital LLC.
  • PGC is a leading domestic designer and manufacturer of a wide range of critical components for protection, monitoring, and safety applications in electrical substations, an essential segment of the electrical grid responsible for managing and monitoring power flows and converting electricity into different voltages.
  • As a supplier of critical components to the grid and partner to many of the nation’s largest electrical utilities, PGC advances the global energy transition by improving the reliability, capacity, and safety of the grid, by enabling the deployment of new renewable generation, and by supporting broad electrification trends.
  • PGC has built strong, long-term relationships with many of our nation’s leading electrical utilities and has positioned itself as an acquiror of choice within the electrical components sector.”
    Rick McClure, CEO of Power Grid Components, Inc., said: “Our leadership team is thrilled to be partnering with Blackstone, a leader in energy transition investing.

2023 Rally Benefit Bash Raises $2.9 M for Childhood Cancer Research

Retrieved on: 
Friday, November 17, 2023
Atlanta Hawks, Corporation, Research, Subaru World Rally Team, Forbes Travel Guide, Delta Air Lines, RTX, Delta, Childhood cancer, Atlanta Braves, Sabre, OTG, Cancer, Airbus, American Express, Rally, Penske Corporation

ATLANTA, Nov. 17, 2023 /PRNewswire/ -- On Friday, November 10, Rally Foundation for Childhood Cancer Research hosted its 16th Annual Benefit Bash, sponsored by Delta Air Lines, and raised more than $2.9 million in critical funding for advances in childhood cancer.

Key Points: 
  • ATLANTA, Nov. 17, 2023 /PRNewswire/ -- On Friday, November 10, Rally Foundation for Childhood Cancer Research hosted its 16th Annual Benefit Bash, sponsored by Delta Air Lines, and raised more than $2.9 million in critical funding for advances in childhood cancer.
  • "I was so honored to serve as co-chair of this year's Rally Bash.
  • Dean Crowe, Founder and CEO of Rally, thanked Delta Air Lines and Sharecare as well as all other sponsors, noting: "I am absolutely thrilled by the overwhelming support for Rally Foundation for Childhood Cancer Research at this year's Benefit Bash.
  • Together, we will find better treatments and, ultimately, cures for childhood cancer.

LOT Polish Airlines' NDC content now available in Sabre's GDS

Retrieved on: 
Wednesday, November 15, 2023
NDC, Distribution, GetThere, LOT Polish Airlines, Digital, Sabre, GDS, Partnership, SABR, Low-cost carrier, Life, Travel, Airline

WARSAW, Poland and SOUTHLAKE, Texas, Nov. 15, 2023 /PRNewswire/ -- LOT Polish Airlines and Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced that the carrier's NDC offers are now available to travel agents worldwide through Sabre's global distribution system (GDS). With NDC, agents will have the opportunity to present the most competitive offer, personalized to the passenger's expectations. NDC offers are bookable through the Sabre Offer and Order APIs, agency booking solution, Sabre Red 360, and Sabre's online booking tool, GetThere. 

Key Points: 
  • With NDC, agents will have the opportunity to present the most competitive offer, personalized to the passenger's expectations.
  • NDC offers are bookable through the Sabre Offer and Order APIs, agency booking solution, Sabre Red 360, and Sabre's online booking tool, GetThere.
  • With their NDC offers activated, LOT Polish Airlines becomes the 16th airline to make their NDC content available in over 150 markets through Sabre and are advancing the adoption of offer and order-based travel retailing.
  • At Sabre, we aim to make this content available at scale in the indirect channel while safeguarding the end-to-end workflows and operational efficiencies that are so important to travel agencies."

Leading online travel agency lastminute.com renews multi-year distribution agreement with Sabre

Retrieved on: 
Tuesday, November 14, 2023
Sabre Corporation, Lastminute.com, Sabre, GDS, Partnership, SABR, OTA, API, Travel, Online shopping

SOUTHLAKE, Texas, Nov. 14, 2023 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider powering the global travel industry, today announced a multi-year renewal agreement with lastminute.com N.V. ("lastminute.com"), a European travel tech leader in dynamic holiday packages. Under the long-term technology agreement, lastminute.com expects to drive a better customer experience with Sabre's advanced shopping and virtual payments solutions.

Key Points: 
  • SOUTHLAKE, Texas, Nov. 14, 2023 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider powering the global travel industry, today announced a multi-year renewal agreement with lastminute.com N.V. ("lastminute.com"), a European travel tech leader in dynamic holiday packages.
  • Under the long-term technology agreement, lastminute.com expects to drive a better customer experience with Sabre's advanced shopping and virtual payments solutions.
  • Using Sabre's rich GDS content and Bargain Finder Max shopping API, lastminute.com will be able to build and display compelling itineraries for travelers in seconds.
  • "Lastminute.com has the ability to provide a seamless customer experience from shopping, booking and payment and that translates into the ability to gain more share of wallet for the online travel agency," said Roshan Mendis, Chief Commercial Officer for Sabre Travel Solutions.

Sabre and Trainline Partner Solutions deliver access to enhanced rail content

Retrieved on: 
Tuesday, November 7, 2023
Sabre, Deutsche Bahn, TPS, Carbon, Trenitalia, Trainline, SBB, Sabre Corporation, COVID-19, SABR, Commercial, Partnership, Travel, HS1, Online shopping, Tourism

LONDON, Nov. 7, 2023 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology company powering the global travel industry, and Trainline Partner Solutions (TPS), Trainline's B2B arm and a leading distributor of global rail content, today announced an agreement to introduce new multi-national rail content to Sabre's travel marketplace. The partnership underlines the importance of the high-growth rail segment for Sabre as travelers look for more sustainable, flexible travel options. 

Key Points: 
  • LONDON, Nov. 7, 2023 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology company powering the global travel industry, and Trainline Partner Solutions (TPS), Trainline's B2B arm and a leading distributor of global rail content, today announced an agreement to introduce new multi-national rail content to Sabre's travel marketplace.
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    "We are very excited to collaborate with Sabre and to bring our industry-leading content to travel agents across the world," said Charlie Baikie, Head of Commercial, Trainline Partner Solutions.
  • The agreement between Sabre and TPS significantly expands the content available through Sabre Rail and further increases the value travel agents can deliver to their customers.
  • "We are thrilled to partner with a proven innovator like Trainline Partner Solutions to further extend our footprint in the high-growth rail segment," said Chinmai Sharma, Global Head – Lodging, Ground & Sea, Sabre Travel Solutions.

MatrixCare’s Electronic Health Record Platform to Deliver Operational Efficiency and Improved Clinical Outcomes Across 140 Saber Healthcare Group Affiliated Communities

Retrieved on: 
Thursday, November 2, 2023
Community, Quality of life, EHR, Health informatics, Organization, Informatics, Sabre, Senior living, Long-term care, Nursing, Management

BLOOMINGTON, Minn., Nov. 02, 2023 (GLOBE NEWSWIRE) -- MatrixCare, a leader in out-of-hospital healthcare technology solutions, is thrilled to announce the expansion of its relationship with Saber Healthcare Group affiliated Communities.

Key Points: 
  • BLOOMINGTON, Minn., Nov. 02, 2023 (GLOBE NEWSWIRE) -- MatrixCare, a leader in out-of-hospital healthcare technology solutions, is thrilled to announce the expansion of its relationship with Saber Healthcare Group affiliated Communities.
  • Saber-affiliated 140 long-term care facilities (“Communities”) will transition to MatrixCare’s Electronic Health Record (EHR) solution, enabling even greater collaboration, integration, and scale efficiencies, ultimately providing a better care delivery experience for all.
  • The decision to expand this collaboration follows realized improvements in the Communities’ operations through the use of MatrixCare’s advanced clinical and compliance tools.
  • “MatrixCare faced the challenge of rapidly proving their capabilities,” said Bill Weisberg, president of Saber Healthcare Group.

Saber Power Services Acquired by Greenbelt Capital Partners

Retrieved on: 
Wednesday, November 1, 2023
Construction & Property, Finance, Other Energy, Engineering, Utilities, Professional Services, Alternative Energy, Manufacturing, Energy, Other Construction & Property, Inflation Reduction Act of 2022, Ageing, Weather, Blackstone Credit, StepStone Group, History, IRA, Acquisition, Maintenance, Infrastructure Investment and Jobs Act, Kirkland & Ellis, Senior, Growth, Oaktree Capital Management, LLP, IIJA, Partnership, Latham & Watkins, Safety, Inflation, Capital, Renewable energy, Sabre, Green belt

Saber Power Services, LLC, (“Saber” or the “Company”), a fully integrated, substation and medium-to-high-voltage infrastructure services platform, announced today that an investor group led by Greenbelt Capital Management L.P. (“Greenbelt” or “Greenbelt Capital Partners”), in partnership with funds managed by Schroders Capital, StepStone Group and Wafra Inc., has completed their acquisition of the Company from funds managed by Oaktree Capital Management, L.P. (“Oaktree”).

Key Points: 
  • Saber Power Services, LLC, (“Saber” or the “Company”), a fully integrated, substation and medium-to-high-voltage infrastructure services platform, announced today that an investor group led by Greenbelt Capital Management L.P. (“Greenbelt” or “Greenbelt Capital Partners”), in partnership with funds managed by Schroders Capital, StepStone Group and Wafra Inc., has completed their acquisition of the Company from funds managed by Oaktree Capital Management, L.P. (“Oaktree”).
  • Saber offers deep subject matter expertise utilizing an engineering-led and customer-centric approach to delivering critical services.
  • Brian Bratton, CEO of Saber, said, “With over a decade of experience, the Saber Power team has demonstrated its ability to provide a safe, reliable and high-performance service offering that excels in complex environments.
  • Chris Murphy, Partner at Greenbelt, said, “Grid enablement and modernization is a key sector focus at Greenbelt.

Sabre's third quarter 2023 earnings materials available on its Investor Relations website

Retrieved on: 
Thursday, November 2, 2023
Comment, Security (finance), Sabre Corporation, SABR, Webcast, Cryptocurrency, Online shopping, Sabre

SOUTHLAKE, Texas, Nov. 2, 2023 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) today announced financial results for the quarter ended September 30, 2023.

Key Points: 
  • SOUTHLAKE, Texas, Nov. 2, 2023 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) today announced financial results for the quarter ended September 30, 2023.
  • Sabre has posted its third quarter 2023 earnings release and earnings presentation to its Investor Relations webpage at investors.sabre.com/results.cfm .
  • The earnings release is also available on the Securities and Exchange Commission's website at www.sec.gov .
  • As previously announced, Sabre will host a live webcast of its third quarter 2023 earnings conference call today at 9:00 a.m.

Virgin Australia selects Sabre as its preferred NDC IT technology provider

Retrieved on: 
Tuesday, October 31, 2023
Order, Product management, Atmosphere, Jovian Auroral Distributions Experiment, GDS, Sabre Corporation, SABR, Travel, NDC, International Air Transport Association, Virgin Australia, Online shopping, Airline, Sabre

SOUTHLAKE, Texas, Oct. 31, 2023 /PRNewswire/ -- Virgin Australia has selected Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, to power its future New Distribution Capability (NDC) connection. Virgin Australia will use Sabre's NDC IT capabilities, together with its Global Distribution System (GDS), to both create and distribute innovative offers and rich, customised NDC content. 

Key Points: 
  • SOUTHLAKE, Texas, Oct. 31, 2023 /PRNewswire/ -- Virgin Australia has selected Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, to power its future New Distribution Capability (NDC) connection.
  • Virgin Australia will use Sabre's NDC IT capabilities, together with its Global Distribution System (GDS), to both create and distribute innovative offers and rich, customised NDC content.
  • Virgin Australia will deploy Sabre technology to power its future retailing efforts across both direct and indirect channels.
  • We're pleased to be partnering with Sabre as our NDC IT technology provider, so we can take a clear step forward in our retailing and distribution evolution."