In light of the rapidly changing coronavirus (COVID-19) situation, Troutman Sanders and Pepper Hamilton have postponed the effective date of their previously announced merger until July 1, 2020. The new firm – Troutman Pepper – will feature 1,100+ attorneys across 23 U.S. offices. Read more.
James D. Rosener, a partner in the Commercial Department of Pepper Hamilton, was quoted in the March 8, 2019 Buyouts article, "PE Firms Tour Travel Tech as Industry Evolves."
Factors include predictable revenue, ability to scale businesses with add-ons, and the opportunity for exit to future buyers, Jim Rosener, partner at Pepper Hamilton, told Buyouts.
Investing in web-travel platforms also makes sense as modern travelers are more focused on cost savings and points benefits, Rosener said.