M&A Deal Summary

Direct Travel Acquires Georgia International Travel

On June 13, 2016, Direct Travel acquired leisure company Georgia International Travel

Acquisition Highlights
  • This is Direct Travel’s 6th transaction in the Leisure sector.
  • This is Direct Travel’s 12th transaction in the United States.
  • This is Direct Travel’s 1st transaction in Georgia.

M&A Deal Summary
Date 2016-06-13
Target Georgia International Travel
Sector Leisure
Buyer(s) Direct Travel
Deal Type Add-on Acquisition

Target

Georgia International Travel

Atlanta, Georgia, United States
eorgia International Travel is a travel management company provides a complete solutions for corporate travel management, leisure travel, including vacations and cruises, group travel/meetings and incentives and online booking all over the world, with a specialization in international destinations.

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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 12 of 17
Sector (Leisure) 6 of 8
Type (Add-on Acquisition) 12 of 16
State (Georgia) 1 of 1
Country (United States) 12 of 15
Year (2016) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-18 Traveline Travel Services

Willoughby, Ohio, United States

Traveline Travel Services is an independent travel agency specializing in corporate, leisure and group travel.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-03 Satrom Travel & Tour

Bismarck, North Dakota, United States

Satrom Travel & Tour is a full service travel company which provides clients with tour packages to worldwide destinations. Their clients receive professional assistance booking hotels, car rentals, cruises and both domestic and international tours.

Buy -
Mergr

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