Direct Travel, Inc. Announces Agreement to Acquire Child Travel | Albany Travel10/28/2014, 12:08 pm
DENVER, CO (October 23, 2014) – Direct Travel, Inc., one of the nation’s leading travel management companies, today announced that it has acquired Child Travel | Albany Travel (Child Travel) of Burlington, Vermont and Albany, New York. This move marks the company’s fourth acquisition this year, and comes just months following their announcement of the acquirement of Hurley Travel Experts of Portland, Maine.
Founded in 1983 by Ted Child, Child Travel is a flourishing New England agency specializing in both corporate and leisure travel. With sales volume totaling $40 Million, Child Travel is ranked as one of the top Travel Management Companies in the US by Business Travel News.
“Joining Direct Travel allows us to rapidly advance two of our strategic initiatives – strengthening our supplier relationships and improving our overall value propositions through enhanced technology,” said Ted Child, President and CEO of Child Travel. Child adds, “As privately owned companies, we strongly believe in an individual hands-on philosophy. Our organizations share a mutual respect and trust based on similar core values. Our dedication is to our clients, and I firmly believe this is a key compatibility.”
“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 Ed Adams, CEO of Direct Travel. “This strategic gain is yet another exciting step forward for Direct Travel,” Adams affirms.
Sam DeFranco, Direct Travel Regional President comments, “This acquisition will allow both companies to continue driving growth opportunities by leveraging the unique strengths each brings to the table. Child Travel will further enhance our presence in the Northeast corridor, while Direct Travel will expose Child Travel’s customers to our expansive network and significant resources.” DeFranco adds, “This move substantiates our sheer determination to drive our expansion efforts through strong, strategic acquisitions, complementing our overall mission to focus on the middle market customer.”
# # # #
About Child Travel | Albany Travel
Founded in 1983 by Ted Child, Child Travel is a full-service Travel Management Company specializing in both corporate and leisure travel. Child Travel is ranked as one of the top Travel Management Companies in the US by Business Travel News and has office locations in Vermont and New York. Child Travel has been successfully managing travel programs for over 30 years, and brings a sales volume of $40 Million.
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. We have been providing travel management services for over 40 years; by working with clients to develop 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, NY; Portland, ME; Baltimore, MD; Scranton, PA; Naples, FL; 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.
Corporate Communications Contact
Director, Strategic Corporate Communications
Direct Travel, Inc.
201.847.2306 | email@example.com
Direct Travel, Inc.
952.746.2820 | firstname.lastname@example.org