Direct Travel, Inc. Announces Acquisition of Peak Travel Group11/21/2014, 12:11 pm
DENVER, CO, November 21, 2014 – Direct Travel Inc., one of the nation’s leading travel management companies, today announced that it has acquired Peak Travel Group (Peak Travel) of San Jose, California. This move marks the company’s sixth acquisition this year, and comes just a week following their announcement of the acquisition of Best Travel & Tours, Inc. of Chicago.
Founded in 1962, Peak Travel is a prospering West Coast agency specializing in corporate, leisure and group travel. With sales volume totaling $185 Million, Peak Travel is one of the top Travel Management Companies in North America, and has earned a reputation for exceptional customer service and longstanding client retention.
Tyler Peak, President of Peak Travel comments, “We are excited about this partnership, and truly believe it is a win-win for both agencies. Our organizations share a mutual respect and trust based on similar core values, and I firmly believe this is a key compatibility.” Peak adds, “For our clients, becoming part of Direct Travel reinforces our unrelenting commitment to quality, service and value that has characterized our agency and people for over 50 years.”
Ed Adams, CEO of Direct Travel comments, “This acquisition continues our momentum, and demonstrates our steadfast determination to drive our expansion efforts through strong, strategic acquisitions.”
“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,” said John Coffman, CFO of Direct Travel. “This strategic gain is yet another exciting step forward for Direct Travel,” Coffman affirms.
About Peak Travel Group
Founded in 1962, Peak Travel is a full-service Travel Management Company specializing in corporate, leisure and group travel. Ranked as one of the top Travel Management Companies in North America, Peak Travel is headquartered in San Jose, California, and has offices throughout Oregon. Peak Travel has been successfully managing travel programs for over 50 years, and brings a sales volume of $185 Million.
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About Direct Travel, Inc.
Direct Travel, Inc. is a privately held corporation established in 2011 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;by working with clients to develop highly customized travel programs. By leveraging both the expertise of its people and innovative solutions, Direct Travel helps clients derive the greatest value from their travel program in terms of superior service, internet-based technologies, and significant cost savings.
Direct Travel has locations in Paramus, NJ; New York City and Albany, NY; Portland, ME; Burlington, Vermont; Baltimore, MD; Scranton, PA; Naples, FL; Greenville, SC; Nashville, TN; Milwaukee, WI; Chicago, IL; Minneapolis, MN; Denver, CO; San Francisco and San Jose, CA. Direct Travel is ranked among the top US corporate travel management companies. For more information about Direct Travel, please visit our website at www.dt.com.
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Direct Travel, Inc.
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