M&A Deal Summary

CTM Acquires Travizon

On April 20, 2016, CTM acquired leisure company Travizon for 21M USD

Acquisition Highlights
  • This is CTM’s 6th transaction in the Leisure sector.
  • This is CTM’s 3rd largest (disclosed) transaction.
  • This is CTM’s 5th transaction in the United States.
  • This is CTM’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2016-04-20
Target Travizon
Sector Leisure
Buyer(s) CTM
Deal Type Add-on Acquisition
Deal Value 21M USD

Target

Travizon

Woburn, Massachusetts, United States
Travizon, Inc. is a travel management company. Travizon’s tools provide clients with the greatest value in its areas of specialty: travel management services, technology and meetings & incentives.

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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 6 of 8
Sector (Leisure) 6 of 8
Type (Add-on Acquisition) 6 of 8
State (Massachusetts) 1 of 1
Country (United States) 5 of 5
Year (2016) 2 of 4
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-04 SARA Enterprises

Montrose, California, United States

Montrose Travel is a travel management company.

Buy $34M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-14 Redfern Travel

Bradford, United Kingdom

Redfern Travel Ltd. is a travel management company. Redfern Travel developed systems and technologies which reduce travel costs and the costs associated with administering corporate travel requirements.

Buy £40M
Mergr

Product

Company

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