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 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 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
Posted October 10, 2011 - Mahwah, NJ

New Directravel Owners Aiming To Build A $1.5B TMC

Private equity investment firm Silver Oak Services Partners is looking to roll up several midmarket corporate travel agencies into a $1.5 billion travel management company with about $30 million in annual EBITDA, according to new Directravel CEO Ed Adams. Read More »
Posted by: Jay Campbell | More by Jay Campbell
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