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BizAway acquires Aervio to enhance AI solutions

Apr 16, 2025

Acquiring Company

BizAway

Acquired Company

Aervio

BarcelonaLeisureTravelTourismArtificial IntelligenceTravelMachine Learning

Description

BizAway has announced its acquisition of Aervio, a provider of AI solutions for travel management. This acquisition will enhance BizAway’s technological assets and is expected to improve their proprietary platform. Aervio’s team will be integrated into BizAway's operations in Spain. This move marks a strategic step in BizAway's growth and innovation strategy.

Quick answer

BizAway is acquiring Aervio, announced April 16, 2025.

How much did BizAway pay for Aervio?
The deal value was not disclosed.
What does BizAway do?
The company intends to use the investment for M&A activities as well as R&D.
Where are BizAway and Aervio based?
Aervio is based in Barcelona, Catalonia, Spain.
Who are the decision-makers at BizAway?
Fundz holds 1 contact at BizAway. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Leisure and Travel

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

BizAway

About

The company intends to use the investment for M&A activities as well as R&D. Earlier this year BizAway announced the acquisition of Milan’s Next Generation Travel’s business travel branch and a partnership forges with Rome’s Telepass, which allows the mobility company to offer its private customers a flight inventory. The company counts Cricket, BDO, Vortice, Feltrinelli, Satispay, Perrigo, WeRoad, EJU, Talent Garden, Sielte, Venchi, and Médicins Sans Frontière amongst its client base, and employs some 220 employees across eight offices worldwide: three in Italy (Spilimbergo, Milan and Padua), two in Spain (Barcelona and Vigo), two in Albania (Shkodra and Tirana), and one, opened in March, in the UAE (Dubai).

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Frequently asked

Who acquired Aervio?

Aervio was acquired by BizAway. The deal was reported on April 16, 2025. The company intends to use the investment for M&A activities as well as R&D. BizAway is privately held and operates in Leisure.

When did BizAway acquire Aervio?

BizAway's acquisition of Aervio was reported on April 16, 2025. BizAway has announced its acquisition of Aervio, a provider of AI solutions for travel management. This acquisition will enhance BizAway’s technological assets and is expected to improve their proprietary platform. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Aervio do?

Aervio is a new concept business travel platform, integrating artificial intelligence technology and new generation services to provide an intuitive and streamlined travel management system. It is privately held, operating in Artificial Intelligence, and is based in Barcelona.

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