The $930 million purchase of TravelClick by Thoma Bravo blends two significant trends that are fueling transactions: cloud computing and travel services.

TravelClick provides cloud-based software services to the hospitality industry, with clients such as Hilton Hotel & Resorts, Crown Hotels Australia and the Bryant Park Hotel. The company was sold by Genstar Capital Management LLC and Bain Capital Ventures, which acquired TravelClick in 2007.

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