M&A Deal Summary

Direct Travel Acquires Traveline Travel Services

On May 18, 2016, Direct Travel acquired leisure company Traveline Travel Services

Acquisition Highlights
  • This is Direct Travel’s 5th transaction in the Leisure sector.
  • This is Direct Travel’s 11th transaction in the United States.
  • This is Direct Travel’s 1st transaction in Ohio.

M&A Deal Summary

Date 2016-05-18
Target Traveline Travel Services
Sector Leisure
Buyer(s) Direct Travel
Deal Type Add-on Acquisition

Target

Traveline Travel Services

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

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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 11 of 17
Sector (Leisure) 5 of 8
Type (Add-on Acquisition) 11 of 16
State (Ohio) 1 of 2
Country (United States) 11 of 15
Year (2016) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-14 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-13 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.

Buy -