Latest news with #GPSolutions
Associated Press
11-07-2025
- Business
- Associated Press
GP Solutions Joins United States Tour Operators Association (USTOA)
GP Solutions has joined the United States Tour Operators Association (USTOA) as an Associate Member, reinforcing its commitment to the North American market and the travel industry. The company aims to support tour operators with innovative technology and strengthen relationships through USTOA's networking opportunities. Miami, Florida, United States, July 11, 2025 -- GP Solutions, known globally for its tour operator software solutions, announced that it joined the United States Tour Operators Association (USTOA) as its newest Associate Member in June 2025. This move underscores GP Solutions' strategic focus on the North American market and reinforces its commitment to advancing professionalism and best practices within the U.S. tour operator community. The company recently unveiled Release 11 of GP Travel Enterprise, a major update to its tour operator reservation system intended for tour operators, DMCs, and online travel agencies. The inclusion in the USTOA further proves that the company adheres to high standards of the travel community and is eager to support travel operations with reliable and evolving tech solutions. 'Being part of a respected travel tech community is an honor one must work hard to achieve and maintain. Becoming a member of USTOA was a key step in our strategy to foster and strengthen our relationships with business partners in the North American region. We look forward to demonstrating how smart tech solutions can revamp the tour operator business for many,' comments Sergey Zubekhin, CEO of GP Solutions. 'Our team shares the values of USTOA's members, adhering to the principles of fair competition, exceptional customer service, and tech innovations.' USTOA Associate Members are service providers to active members. The former include tour product suppliers, airlines, ground operators, tech companies, and other businesses and organizations that can benefit active members. The association had 148 active member brands listed as of July 2, 2025, with the list constantly expanding. Active Members serve millions of travelers and invest $12.8 billion in goods and services annually. Obtaining the USTOA Associate membership brings along tangible benefits for anyone: About GP Solutions GP Solutions was founded in 2002 and offers travel software development services for clients in 35+ countries. Its primary focus is the travel and tourism industry, although the company has an extensive portfolio in a wide range of other domains. Over the decades the company has evolved to offer its travel tech products for B2B and B2C clients, along with custom development services. GP Solutions is now a global company with six offices around the world and a team of 350+ professionals. About USTOA The member companies of the U.S. Tour Operators Association generate $16 billion in revenue and offer tours, packages, and custom travel arrangements that give around 10 million travelers each year unmatched access, insider knowledge, peace of mind, value, and freedom to enjoy destinations and experiences around the world. Every member has fulfilled the strictest requirements set by the travel industry, such as being a part of the USTOA's Travelers Assistance Program, which safeguards customer payments up to $1 million in the event that the business fails. In addition to offering guidance and support to consumers and travel advisors, USTOA has been a voice for the tour operator sector for over 50 years. About the company: GP Solutions is an established global travel technology vendor with more than 20 years of experience in development and delivery of ERP-class booking, reservation management and travel business automation solutions for hundreds of clients across the globe. Contact Info: Name: Fred Bean Email: Send Email Organization: GP Solutions Website: Release ID: 89164362 Should any errors, concerns, or inconsistencies arise from the content provided in this press release that require attention or if a press release needs to be taken down, we kindly request that you immediately contact us at [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our efficient team will be at your disposal for timely assistance within 8 hours – taking necessary measures to rectify identified issues or providing guidance on the removal process. We prioritize delivering accurate and reliable information.
Yahoo
25-03-2025
- Business
- Yahoo
Rothschild & Co expands GP solutions business
Rothschild & Co has bolstered its private capital division with the appointment of Nicolas Lanel, a seasoned investment banker with over 30 years of experience. Lanel will play a key role in developing the firm's GP Solutions business across Europe, focusing on the origination and execution of GP-led transactions, specifically continuation vehicles. He is recognised in the secondary advisory market, having previously established and led European secondary franchises at UBS and Evercore. Under his leadership, both firms achieved global prominence in GP-led transactions. Moreover, Lanel later founded Flow Advisors, a specialist advisory firm. His career began with Paribas in Toronto, followed by a decade as an M&A adviser with Deutsche Bank in London and New York. Chris Hawley, global head of private capital at Rothschild & Co, highlighted: 'The onboarding of Nicolas Lanel is part of Rothschild & Co's continued development of our GP Solutions team which has quickly risen to prominence in Europe, having raised in excess of €3.5bn across 13 transactions in 2023 and 2024.' Lanel after emphasised the growing importance of continuation funds as an exit strategy for private equity assets. He added: 'The successful execution of these transactions requires an understanding of GP-led structures, combined with the ability to articulate a compelling equity story on the underlying assets.' 'Given Rothschild & Co's unmatched depth of relationships with the PE sponsor community, its widely recognised sector expertise, its extensive access to alternative pools of capital and its expanding presence in the secondary advisory space, I am convinced that the firm offers the best platform to capitalise on these trends.' His appointment underscores Rothschild & Co's commitment to strengthening its presence in the GP-led market as demand for innovative private capital solutions continues to rise. "Rothschild & Co expands GP solutions business" was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
