M&A Deal Summary

Direct Travel Acquires Travel Management

On December 1, 2012, Direct Travel acquired leisure company Travel Management

Acquisition Highlights
  • This is Direct Travel’s 1st transaction in the Leisure sector.
  • This is Direct Travel’s 1st transaction in the United States.
  • This is Direct Travel’s 1st transaction in Illinois.

M&A Deal Summary
Date 2012-12-01
Target Travel Management
Sector Leisure
Buyer(s) Direct Travel
Deal Type Add-on Acquisition

Target

Travel Management

Lake Bluff, Illinois, United States
Travel Management Corporation operates as a travel agency. The company is based in Lake Bluff, Illinois.

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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 1 of 17
Sector (Leisure) 1 of 8
Type (Add-on Acquisition) 1 of 16
State (Illinois) 1 of 4
Country (United States) 1 of 15
Year (2012) 1 of 1
FOLLOWING 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.

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