Key Points
- Inspirato merges with Buyerlink, valuing Buyerlink $326 million. The new company will be publicly listed.
- The combined entity is aiming to use Buyerlink’s digital marketing and market strengths to spur growth and diversify business areas, with a target of $350 millions in revenue and 30 million in adjusted EBITDA by 2025.
- Payam Zamani is the CEO and chairman of the new luxury hospitality company. Inspirato will continue to be the luxury hotel arm after recent financial challenges.
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Inspirato – a luxury travel subscription service facing financial difficulties – merges with Buyerlink a online marketplace owned By One Planet Group in a reverse merging valued at $326 million. One Planet Platforms is a new public company that will combine Inspirato’s expertise in hospitality with Buyerlink’s digital and marketplace operations. The goal is to grow across multiple industries, including travel, automobiles and homes. Payam Zamani is the leader of the team. It’s projected that the combined entity will generate $350 million revenue and $30 millions in adjusted EBITDA by 2025.
