Amadeus IT Group, S.A. (BME:AMS) agreed to acquire Vision Box - Soluções De Visão Por Computador, S.A. from Keensight Capital and others for an Enterprise Value of approximately ?320 million on January 31, 2024. The acquisition of Vision-Box will bring new capabilities around biometrics hardware and software, adding border control solutions to the Amadeus portfolio. Through this combined offering with Vision-Box, Amadeus will now be able to deliver a full end-to-end seamless passenger experience from booking to arrival at the airport, through border control and boarding. Vision-Box, which is a fast-growing global business with expected revenues of ?70 million, and an estimated normalized EBITDA of close to ?20 million in 2023. As part of this acquisition, approximately 470 Vision-Box employees will transfer to Amadeus. The deal is subject to customary regulatory approvals and is expected to close in H1 2024.

Houlihan Lokey served as the exclusive financial advisor to Keensight Capital and the Vision-Box teams, successfully assisting in initiating, structuring, and negotiating the transaction. Nuno Azevedo Neves, Stéphanie Sá Silva, João Costa Quinta, Daniel Reis, Margarida Leitão Nogueira, Catarina Santos Ferreira, Miguel Mendes Pereira, Vanessa Antunes, Ana Carvalho and associate Ana Carolina Fernandes of DLA Piper advised as legal advisor to the co-founders of Vision Box and Keensight Capital. Francisco Alvim of Howden Portugal acted as financial advisor and Linklaters LLP acted as legal advisor to Amadeus IT Group, S.A.

Amadeus IT Group, S.A. (BME:AMS) completed the acquisition of Vision Box - Soluções De Visão Por Computador, S.A. from Keensight Capital and others on April 8, 2024. The deal has now received all necessary regulatory approvals in all relevant markets. Vision-Box?s Founder and CEO, Miguel Leitmann, will now join Amadeus, together with its 470 employees. Miguel Leitmann will report to Decius Valmorbida, President, Travel, Amadeus, and Vision-Box solutions will become part of Amadeus? portfolio offering for airports & airlines.