M&A Deal Summary

Direct Travel Acquires Hobson Travel

On May 14, 2015, Direct Travel acquired leisure company Hobson Travel

Acquisition Highlights
  • This is Direct Travel’s 4th transaction in the Leisure sector.
  • This is Direct Travel’s 10th transaction in the United States.
  • This is Direct Travel’s 4th transaction in Illinois.

M&A Deal Summary
Date 2015-05-14
Target Hobson Travel
Sector Leisure
Buyer(s) Direct Travel
Deal Type Add-on Acquisition

Target

Hobson Travel

Naperville, Illinois, United States
Hobson Travel Ltd. is a full-service travel agency and professional services firm dedicated to creating the best travel experience for their clients worldwide.

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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 10 of 17
Sector (Leisure) 4 of 8
Type (Add-on Acquisition) 10 of 16
State (Illinois) 4 of 4
Country (United States) 10 of 15
Year (2015) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-02 Creative Group

Appleton, Wisconsin, United States

Creative Group, Inc. is a full-service performance improvement company focused on meeting and event management, group incentive travel and individual recognition solutions.

Buy -
FOLLOWING 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 -
Mergr

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