Direct Travel Announces Acquisition of Colpitts World Travel05/19/2016, 12:20 pm
DENVER, May 5, 2016 /PRNewswire/ — Direct Travel, one of the nation’s leading Travel Management Companies (TMCs), today announced that it has acquired Colpitts World Travel of Norwood, Massachusetts and the United Kingdom. In keeping with their business strategy and operational plan to expand through acquisition and organic growth, Direct Travel is back on the acquisition trail, with their eyes on the Northeast corridor.
One of the largest, privately-owned TMCs in the Northeast, Colpitts has a sales volume totaling over $100 million, and has earned a reputation for exceptional customer service across the region.
Alan M. Krensky, President and CEO of Colpitts comments, “This strategic partnership allows an agency of our size to gain significant advantage with suppliers and allows us to deliver new innovative technologies and enhanced services to our customers.” Krensky adds, “I selected Direct Travel because of their outstanding management team and long-term business strategy and value proposition. Not only was it a painless process, they did everything they said they were going to do…..before, during and after the fact.”
Krensky affirms, “For our clients, becoming part of Direct Travel reinforces our unrelenting commitment to quality, growth, exceptional service and integrity that has characterized our company and employees for over 40 years.”
“This acquisition is an impressive addition to our organization, supports our growth strategy, and provides further opportunity for the investment in strategic business practices across our enterprise,” said Ed Adams, CEO of Direct Travel.
Sam DeFranco, Direct Travel President comments, “We were drawn to Colpitts due to their outstanding position as an industry leader, strong value proposition and impeccable reputation that characterizes their agency today,” DeFranco adds, “Our cultures are well aligned around strong business results and a client-centric focus that emphasizes traveler satisfaction as one of the most important indicators of our success. This strategic gain is yet another exciting step forward for Direct Travel!”
About Colpitts World Travel
Colpitts World Travel is a full-service Travel Management Company specializing in corporate, leisure and group travel. One of the largest privately-owned agencies in the Northeast, Colpitts brings a sales volume of over $100 million, and is backed by more than 125 years of travel industry experience.
Colpitts offers streamlined, cost-focused and secure travel management programs, and they’re dedicated to building flexible, longstanding relationships with their clients. “Never stop innovating.” This is the philosophy that Colpitts World Travel lives by every day. Employing over 100, Colpitts is headquartered inNorwood, Massachusetts, and operates offices throughout the United States with additional offices across the globe, including international headquarters in the United Kingdom. For more information about Colpitts, please visit our website at www.colpittswt.com.
About Direct Travel, Inc.
Direct Travel, Inc. is a leading provider of corporate travel management services, established with the goal to create a best-in-class TMC through acquisition and organic growth. Direct Travel has been providing travel management services for over 40 years; working with clients to develop highly customized travel programs. By leveraging both the expertise of its people and innovative solutions, Direct Travel enables clients to derive the greatest value from their travel program in terms of superior service, internet-based technologies, and significant cost savings. Direct Travel has offices in 39 locations across the US, and is ranked among the top US corporate travel management companies. For more information about Direct Travel, please visit our website at www.dt.com.
Additionally, Direct Travel offers full-service performance improvement solutions, including meeting and event management, group incentive travel and individual recognition solutions through its wholly owned subsidiary Creative Group, Inc. For more information, please visit www.creativegroupinc.com.
Director, Strategic Corporate Communications
Direct Travel, Inc.
201.847.2306 | [email protected]