A Global Leader in Crew Accommodations and Travel Technology Solutions Serves 85+ Airline, Cargo, Rail, and Cruise Line Clients Worldwide

Haveli Investments, a technology-focused private equity firm, today announced its acquisition of Accommodations Plus International (“API” or the “Company”), a global leader in crew accommodations and travel technology solutions. This transaction marks the beginning of an exciting partnership aimed at accelerating API’s growth through global expansion and cutting-edge technology investments. Haveli’s acquisition of API will provide substantial resources and strategic support to fuel the next phase of growth for the Company.

API, headquartered in Melville, New York, has grown into a worldwide leader in crew accommodation and travel technology solutions. The company currently serves over 85 airline, cargo, rail, and cruise line clients around the globe, managing a network of more than 6,000 hotels and service partners across 700+ cities. By joining forces with Haveli, API is poised to leverage this strong foundation to enter new markets and enhance its suite of technology offerings for clients.

“We are thrilled to welcome API into the Haveli portfolio and support the tremendous growth opportunities ahead,” said Ian Loring, Senior Managing Director and Executive Chair at Haveli Investments. “Our plan is to harness Haveli’s technology expertise, global network, and capital to support API’s global expansion and platform enhancements.”

“This marks an exciting new chapter for API. Haveli’s support and expertise will allow us to accelerate the investment to drive innovation across the company, expand our network, and enter new markets, while continuing to deliver the exceptional service our clients expect,” said Richard McLeer, Chief Executive Officer of API. “Together with Haveli, we can accelerate our mission to provide best-in-class crew travel solutions to our clients, customers and partners. The entire API team is energized by this partnership and the growth opportunities it brings.”

Ira Cohen, Senior Managing Director at Haveli Investments, noted, “API has built an outstanding reputation as a trusted pioneer in crew travel accommodation technology, and we’re excited to help take the Company to the next level.”

“By combining Haveli’s resources and deep experience scaling technology enterprise businesses with API’s strong product and industry expertise, we will help API scale its operations and deliver greater solutions to an even broader client base worldwide,” added Sandeep Swaminathan, Senior Managing Director at Haveli Investments.

“Haveli’s investment will enable API to accelerate product development and enhance its technology platform while continuing to expand the client base and partner network. We look forward to partnering with the API team on this next phase of growth and innovation,” said Aaron Deutsch, Principal at Haveli Investments.

Advisors

J.P. Morgan Securities LLC acted as financial advisor and White & Case LLP acted as legal counsel to Haveli Investments. Sidley Austin LLP acted as legal counsel to Accommodations Plus International.

About Haveli Investments

Haveli Investments is an Austin-based private equity firm that seeks to invest in the highest quality companies in the technology sector through control, minority or structured equity and debt investments with a focus on software, data, gaming and adjacent industries. The firm seeks to partner with innovative companies, entrepreneurs and management teams throughout a company’s life cycle. Haveli’s experienced team of investors and diverse industry experts will provide operational and strategic support, enabling portfolio companies to focus on driving innovation and increasing growth, scale and operating margins. Underscoring Haveli’s investments is an unwavering focus on a culture of inclusivity and sustainability. For more information, please visit www.haveliinvestments.com, or follow Haveli on LinkedIn, @Haveli Investments.

About Accommodations Plus International (API)

Accommodations Plus International (API) is a global leader in travel and accommodations technology solutions, specializing in crew accommodations management and disrupted passenger services. API provides mission-critical travel logistics to airlines, cruise lines, and transportation companies worldwide. Headquartered in Melville, NY, with operations centers and offices across North America, South America, Europe, and Asia-Pacific, API leverages its innovative software platforms, relationships within a vast hotel network and a highly experienced team of service professionals to offer efficient, reliable lodging and transportation solutions. For more information, visit www.apiglobalsolutions.com.

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