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New Deal


Announced

Completed

ECI completed the investment in Apiary Capital-backed TAG.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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travel management

Completed

Single Bidder

Travel and Tourism

Friendly

Domestic

Private Equity

Minority

United Kingdom

Acquisition

Private

Synopsis

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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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