3 million upfront, majority deferred
HBX Group, a B2B travel technology marketplace, has agreed to acquire 100% of Bridgify, an AI-native company focused on experiences distribution. The deal is intended to broaden the Group’s Experiences offering and step up the use of artificial intelligence across its operations. Bridgify brings an AI-native experiences infrastructure platform providing access to more than one million curated experiences, sourced from global suppliers and enhanced by proprietary AI recommendations algorithms to match the right experience with the right traveller. HBX Group said the founders of Bridgify will remain involved. The transaction includes €3 million in upfront consideration, with the overwhelming majority deferred and contingent on future performance.
Bridgify’s technology is designed to simplify how this supply is accessed and deployed. Through API-based connectivity and white-label solutions, partners and clients can integrate these contents into their core products, launch fully branded marketplaces more quickly and deliver more personalised traveller journeys. Integration within HBX Group is expected to extend distribution capabilities for this portfolio and optimise the connection between supply and channels. The Group also points to broader uses of the technology across its ecosystem, enabling greater automation, personalisation and improved content distribution.
For HBX Group, the acquisition is intended to accelerate in a segment of experiences that has become central to value creation. The alignment of vision between the two companies is emphasised: Bridgify has built its solution for access, integration and personalisation at scale, priorities HBX aims to roll out more widely across its global partner network.