Leading Corporate Travel Management Company Continues Global Growth Initiative
Omaha, NE (U.S.) and London (UK) – May 11, 2017 – Travel and Transport today announced that they have acquired 100% of London-based Statesman Travel Group in an all-cash transaction. Specific financial terms were not disclosed. With this acquisition, the combined companies will have over 1,600 employees with total annual global sales of over $3.5 billion.
Statesman Travel Group, headquartered in the City of London, focuses their business on savings, service and simplicity. In the last three years alone, the company has tripled in size by taking a personalized approach to travel and integrating passion and drive into every interaction.
For Travel and Transport, this is a strategic global acquisition of a highly successful and respected UK based travel management company that focuses on professional services firms and other industries desiring a high touch service element. Aligning closely with Travel and Transport’s 2012 acquisition of New York based Ultramar Travel, the combined organizations have long standing relationships supporting mutual clients, which will now be enhanced by Travel and Transport’s industry leading global technology platform.
“This acquisition continues our global growth strategy that has been driven by our clients’ needs and expectations. We look forward to welcoming all of the Statesman employees and customers to the Travel and Transport family and we are excited that Mervyn Williamson will continue to lead our UK organization,” stated Kevin O’Malley, Travel and Transport President and CEO.
Statesman Managing Director, Mervyn Williamson commented, “We are thrilled to be joining Travel and Transport, which shares our global vision related to traveller-centric services and the modern day business traveller. The focus on personalization and innovation that both companies embrace will complement and enhance the superior services already offered by Statesman. I am confident that our clients as well as our employees will find mutual benefits with this venture.”
About Travel and Transport, Inc.
Founded in 1946, Travel and Transport, Inc., is one of the largest travel management companies in the U.S. specializing in corporate travel management, leisure/vacation travel, and group/meeting travel services. Travel and Transport, a 100% employee-owned company is recognized for unparalleled service, integrity and industry leading technology solutions, has employees in seven countries and is headquartered in Omaha, Nebraska. Travel and Transport also serves as one of two main shareholders of Radius Travel and Tim Fleming, Travel and Transport’s COO, serves as Chairman of the Board for Radius. Radius currently has locations in over 80 countries throughout the world. This partnership, along with Travel and Transport’s strategic global growth plans, offers clients a broader reach and service offering in key global markets. In February 2017, Travel and Transport announced the opening of a new office in Lyon, France following previous investments in Germany, Switzerland, and the acquisition of Ultramar Travel in 2012. More recently, Travel and Transport spun off a big data solutions company called DVI, Inc. that provides the market with multi-source global data aggregation and visualization. Please visit www.travelandtransport.com for more information about Travel and Transport.
About Statesman Travel Group – A Travel and Transport Company
Founded in 1975, Statesman Travel Group combines superior, personal service with cutting-edge, user-friendly technology designed from the ground up for modern organizations. Statesman as an organization handles in excess of £150 million in sales with its 150 employees. By focusing on industry sectors that value superb service themselves, Statesman has been able to build strong client partnerships that last. Statesman serves its clients from several UK offices in addition to a number of client implant offices. Please visit www.statesmantravel.com for more information about Statesman Travel Group.
U.S. Media Contact
Director, Marketing, Travel and Transport, Inc.
T: +1 402 399 4695
M: +1 402 290 9975
UK Media Contact
Head of Digital Communications, Statesman Travel Group
T: +44 (0)20 3667 1052
M:+44 (0)7896 793 877