Amadeus Acquires Vision-Box to Enhance Airport Biometric Solutions

Tuesday, April 9, 2024

Amadeus today announced the successful completion of its acquisition of Vision-Box, a prominent provider of biometric solutions tailored for airports, airlines, and border control clientele. This acquisition has garnered all requisite regulatory clearances across all pertinent jurisdictions.

This strategic union enhances Amadeus’s capabilities, offering a seamless travel experience for passengers from booking to airport arrival, encompassing border control and boarding processes.

Miguel Leitmann, the founder and CEO of Vision-Box, along with the company’s 470 staff members, will be integrating into Amadeus. Leitmann will report to Decius Valmorbida, the President of Travel at Amadeus, and Vision-Box’s solutions will be incorporated into Amadeus’s suite of offerings for airports and airlines.

Vision-Box, experiencing rapid growth, is projected to generate revenues of €70 million with an estimated normalized EBITDA of nearly €20 million in 2023. Previously partly owned by Keensight Capital—a private equity fund focusing on pan-European Growth Buyout investments—Vision-Box was acquired by Amadeus at a transaction value (Enterprise Value) of roughly €320 million.

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