M&A Deal Summary

Direct Travel Acquires Best Travel & Tours

On November 14, 2014, Direct Travel acquired consumer services company Best Travel & Tours

Acquisition Highlights
  • This is Direct Travel’s 3rd transaction in the Consumer Services sector.
  • This is Direct Travel’s 6th transaction in the United States.
  • This is Direct Travel’s 2nd transaction in Illinois.

M&A Deal Summary

Date 2014-11-14
Target Best Travel & Tours
Sector Consumer Services
Buyer(s) Direct Travel
Deal Type Add-on Acquisition

Target

Best Travel & Tours

Chicago, Illinois, United States
Best Travel is a full-service Travel Management Company specializing in corporate, leisure and group travel.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Direct Travel

Centennial, Colorado, United States

Category Company
Founded 1980
Sector Business Services
DESCRIPTION

Direct Travel is a corporate travel management provider offers outsourced booking and management of employee air travel, transportation and accommodations, focusing on mid- to large-sized corporate accounts. Direct Travel was founded in 1980 and is based in Centennial, Colorado.


DEAL STATS #
Overall 6 of 18
Sector: Consumer Services M&A 3 of 4
Type: Add-on Acquisition M&A Deals 6 of 17
State: Illinois M&A 2 of 4
Country: United States M&A 6 of 15
Year: 2014 M&A 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-23 Child Travel Services

Burlington, Vermont, United States

Child Travel Services, Inc. is a flourishing New England agency specializing in both corporate and leisure travel.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-21 Peak Travel Group

San Jose, California, United States

Peak Travel is a full-service Travel Management Company specializing in corporate, leisure and group travel.

Buy -