Announced
Completed
Financials
Sources
Tags
travel management
Completed
Single Bidder
Travel and Tourism
Friendly
Domestic
Private Equity
Minority
United Kingdom
Acquisition
Private
Synopsis
ECI, a growth focused private equity group, completed the investment in Apiary Capital-backed TAG, a high-touch travel management company. Financial terms were not disclosed. "Today is a fantastic milestone in our evolution, as we proudly announce the investment by ECI. With our entertainment and corporate clientele and the incredible TAG team, we are very confident that this partnership will deliver a host of new benefits and opportunities as we’re poised to elevate our standards even further, ensuring unparalleled service for our clients as we continue to shape the future of entertainment and high-end corporate travel management," Jens Penny, TAG CEO.
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