M&A Deal Summary

Travel Leaders Group Acquires Travel Management Partners

On September 21, 2017, Travel Leaders Group acquired leisure company Travel Management Partners

Acquisition Highlights
  • This is Travel Leaders Group’s 2nd transaction in the Leisure sector.
  • This is Travel Leaders Group’s 3rd transaction in the United States.
  • This is Travel Leaders Group’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2017-09-21
Target Travel Management Partners
Sector Leisure
Buyer(s) Travel Leaders Group
Deal Type Add-on Acquisition

Target

Travel Management Partners

Raleigh, North Carolina, United States
Travel Management Partners is travel management company offering a wide range of services and industry expertise especially focused on companies in the SME niche with annual travel budgets in the $1M to $10M range. Travel Management Partners was established in 1994 and is based in Raleigh, North Carolina.

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Buyer(S) 1

Buyer

Travel Leaders Group

Plymouth, Minnesota, United States

Category Company
Sector Consumer Services
DESCRIPTION

Travel Leaders Group offers its vacation and business travel clients a progressive approach to each unique travel experience. The company manages leisure, business and franchise travel operations under several different brands. Travel Leaders Group is based in Plymouth, Minnesota.


DEAL STATS #
Overall 4 of 5
Sector (Leisure) 2 of 3
Type (Add-on Acquisition) 4 of 5
State (North Carolina) 1 of 1
Country (United States) 3 of 3
Year (2017) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-01 Colletts Travel

London, United Kingdom

Colletts Travel Ltd. is an independently owned travel company provides a comprehensive world-wide travel service specialising in quality holidays, flights and many other travel services, focused on delivering competitive pricing, but always with an attention to detail.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-01 Barrhead Travel Service

Glasgow, United Kingdom

Barrhead Travel Service Ltd. is a travel agency that specializes in offering holiday and destination planning and travel management services. Barrhead Travel Service Ltd. was established in 1975 and is based in Glasgow, UK.

Buy -