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ITHAX Acquisition Corporation (ITHX) to Combine with Mondee Inc. in $842M Deal

ITHAX Acquisition Corporation (ITHX) to Combine with Mondee Inc. in $842M Deal

Dec 20, 2021 INTEL by sam.beattie

ITHAX Acquisition Corporation (NASDAQ: ITHX) has entered into a definitive agreement to combine with technology-first travel marketplace company Mondee at an enterprise value of $842 million or 7.2x its 2023E revenue. The Silicon Valley-based company delivers an operating platform, modern ecosystem, and segment-specific content for the gig economy, remote workers, and travelers, mostly in the
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