Blue Star Innovation Partners Acquires Majority Stake in TravelNet Solutions

July 26, 2022

Blue Star Innovation Partners has acquired a majority stake in TravelNet Solutions (TNS), a Minneapolis‑based provider of Track Hospitality Software and related vacation‑rental platforms. The investment will be used to accelerate product development, expand support and hiring, and pursue M&A to add complementary solutions; TNS's existing leadership remains in place and VTrips exited its stake.

Targets
TravelNet Solutions
Sellers
VTrips
Industry
Cloud & SaaS
Location
Minnesota, United States
Transaction Type
Buyout

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