M&A Deal Summary

CTM Acquires Avia International Travel

On September 1, 2014, CTM acquired leisure company Avia International Travel

Acquisition Highlights
  • This is CTM’s 3rd transaction in the Leisure sector.
  • This is CTM’s 3rd transaction in the United States.
  • This is CTM’s 1st transaction in Texas.

M&A Deal Summary
Date 2014-09-01
Target Avia International Travel
Sector Leisure
Buyer(s) CTM
Deal Type Add-on Acquisition

Target

Avia International Travel

The Woodlands, Texas, United States
Avia International Travel, Inc. is a provider of travel management services.

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Buyer(S) 1

Buyer

CTM

Brisbane, Australia
Category Company
Founded 1994
Sector Consumer Services
Employees3,192
Revenue 708M AUD (2024)
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 3 of 8
Sector (Leisure) 3 of 8
Type (Add-on Acquisition) 3 of 8
State (Texas) 1 of 1
Country (United States) 3 of 5
Year (2014) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-01 USTravel

Anchorage, Alaska, United States

USTravel LLC is a travel management company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-05 Chambers Travel Group

London, United Kingdom

Chambers Travel Group Ltd is a boutique global agency that is large enough to offer best-in-class technologies, agile enough to remain responsive and flexible, and wholly centred on providing an outstanding customer experience across the depth and breadth of your organisation.

Buy -
Mergr

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