Direct Travel is continuing its rollup strategy with the acquisition of Boston-area travel management company Colpitts World
Travel.
“Direct Travel is back
on the acquisition trail, with their eyes on the Northeast corridor,” the
company said in a statement.
According to Denver-based Direct
Travel, Colpitts’ annual sales volume
is in excess of $100 million.
“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,” Colpitts CEO Alan Krensky said in a statement.
Direct Travel was No. 15 on
Travel Weekly's 2015 Power List.