M&A Deal Summary

CTM Acquires R & A Travel

On July 2, 2012, CTM acquired leisure company R & A Travel

Acquisition Highlights
  • This is CTM’s 1st transaction in the Leisure sector.
  • This is CTM’s 1st transaction in the United States.
  • This is CTM’s 1st transaction in Colorado.

M&A Deal Summary
Date 2012-07-02
Target R & A Travel
Sector Leisure
Buyer(s) CTM
Deal Type Add-on Acquisition

Target

R & A Travel

Denver, Colorado, United States
website
R & A Travel, Inc. (dba Polk Majestic Travel) is a travel management company.

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Buyer(S) 1

Buyer

CTM

Brisbane, Australia

website

Category Company
Founded 1994
Sector Consumer Services
Employees2,600
Revenue 314M AUD (2020)
DESCRIPTION

CTM provider of innovative and cost-effective travel management solutions to the corporate market. CTM was founded in 1994 and is based in Brisbane, Australia.

DEAL STATS #
Overall 1 of 8
Sector (Leisure) 1 of 8
Type (Add-on Acquisition) 1 of 8
State (Colorado) 1 of 1
Country (United States) 1 of 5
Year (2012) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-01 USTravel

Anchorage, Alaska, United States

USTravel LLC is a travel management company.

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