Posted September 29, 2017

Deem Gets TMC Buy-In For Hotel Attachment Offering

Deem this week named several corporate travel management companies that have deployed its Intelligent Attach product, which aims to increase the rate of hotel bookings relative to air purchases. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted September 26, 2017

Direct Travel, ATPI Form Jointly Held Multinational TMC

Direct Travel has joined with Anglo-Dutch travel management company ATPI Group to form Direct ATPI Global Travel, a jointly held company that will focus on multinational midmarket corporate clients, the companies announced Tuesday. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted April 11, 2017

Direct Travel's Largest Deal Yet Shows Global Ambitions

Announcing a merger agreement Monday, U.S.-based travel management company Direct Travel and Canada's Vision Travel took "the first step towards a shared strategy to build a global company." Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted February 13, 2017
Ed Adams

INTERVIEW: Direct Travel CEO Ed Adams

In addition to death and taxes, it's near certain that Direct Travel will acquire more travel management companies. After flipping to a new private equity owner, the TMC last year purchased Atlanta-based Georgia International Travel, Cleveland-based Traveline Travel Services and Massachusetts-based Colpitts World Travel. Since embarking on its ongoing agency roll-up plan in 2011, Colorado-based Direct Travel has done enough deals for CEO Ed Adams to lose count: "Twenty-one or 22? It's probably 21," he said. "We've still having fun and plugging away." He caught up with The Beat editor-in-chief Jay Boehmer to discuss agency acquisitions, integration and growth. Read More »
Posted January 7, 2016

Direct Travel Flips To Another Private Equity Owner

Private equity firm Silver Oak Services Partners sold its equity stake in Direct Travel to Boston-based Abry Partners last month. The transaction came roughly four years after Silver Oak took ownership of Direct Travel and backed an aggressive travel agency roll-up, led by Direct Travel CEO Ed Adams. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted April 8, 2015

Latest Direct Travel Acquisition Offers A Little Something Different: Meetings

That Direct Travel announced an acquisition last week shouldn't come as a surprise; the travel management company has done so eight times in the past 12 months. But Appleton, Wis.-based meetings and incentive house Creative Group is not just Direct Travel's latest acquisition but also a new vertical. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted December 16, 2014

Direct Travel Looks To Buy 'Another Four To Six' TMCs In 2015, Closes In On Volume Goal

Direct Travel CEO Ed Adams last week predicted "continued consolidation of TMCs," and like this year, his firm should play an active role in bringing the prophecy to fruition. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted July 17, 2014

THE BEAT SHEET: Jacques On Concur; CWT's Mobile Strategy; Direct Travel's GDS Plans

The Beat Sheet is an occasional collection of notes, quotes, musings, tips, reader comments and other tidbits from The Beat's writers. Read More »
Posted by: David Jonas | More by David Jonas
Posted June 2, 2014
Ed Adams

INTERVIEW: Direct Travel's Ed Adams

Ed Adams has some of his band back together, and he's trying to replicate his success with Navigant International, which after a big agency roll-up was sold in 2006 to Carlson Wagonlit Travel. He returned to the scene in 2011 when private-equity investment firm Silver Oak Services Partners bought Directravel and installed him as CEO. The firm's stated plan is to consolidate several midmarket corporate travel agencies into a $1.5 billion travel management company. Adams and his team (stacked with several other Navigant vets) already have made some acquisitions and are eyeing more. He recently spoke with The Beat's David Jonas about the roll-up plan and Direct Travel's position in the industry. Read More »
Posted by: David Jonas | More by David Jonas
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