Direct Travel Acquires Professional Travel
January 14, 2020
Direct Travel announced on January 14, 2020 that it has acquired Professional Travel, a Cleveland-based corporate travel management company. Professional Travel, founded in 1963 with more than 175 employees and approximately $448 million in combined sales, will retain its executive leadership and be integrated into Direct Travel to deepen North American presence and expand service offerings for mid-market clients.
- Buyers
- Direct Travel, Inc.
- Targets
- Professional Travel
- Industry
- Professional Services
- Location
- Ohio, United States
- Transaction Type
- Buyout
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