Add-on Acquisition • Consumer Services

Direct Travel Acquires Travel Destinations Management Group

On April 16, 2014, Direct Travel acquired consumer services company Travel Destinations Management Group

Acquisition Context
  • This is Direct Travel’s 1st transaction in the Consumer Services sector.
  • This is Direct Travel’s 3rd transaction in the United States.
  • This is Direct Travel’s 1st transaction in Maryland.

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M&A Deal Summary

Date April 16, 2014
Target Travel Destinations Management Group
Sector Consumer Services
Buyer(s) Direct Travel
Deal Type Add-on Acquisition

Target Company

Travel Destinations Management Group

Owings Mills, Maryland, United States
Travel Destinations Management, a business travel management firm.
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Buyer Overview 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 Context for Buyer #
Overall 3 of 18
Sector: Consumer Services 1 of 4
Type: Add-on Acquisition 3 of 17
State: Maryland 1 of 1
Country: United States 3 of 15
Year: 2014 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-14 Caldwell Travel

Brentwood, United States

Caldwell Travel, Inc. is a corporate travel management company that provides various travel management services for corporate travelers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-26 Hurley Travel Experts

Naples, Florida, United States

Hurley Travel Experts is a Travel Management Company with adjunct offices in Naples, Florida.

Buy -