Deal Details

ATPI Is Acquired by Direct Travel

Technology & Services

ATPI, a portfolio company of ICG, acquisition by Direct Travel

Summary

ATPI Holdings (Jersey) Limited (“ATPI” or the “Company”), a portfolio company of ICG EFV Luxembourg S.à r.l (“ICG”), has been acquired by Direct Travel. Terms of the transaction have not been disclosed.

Baird served as exclusive financial advisor to ATPI on this transaction.

About

ATPI is a global leader in travel and event management, delivering innovative and highly tailored solutions across various industries, including corporate, marine, energy, sports and group travel as well as event management services. Founded in 2002, ATPI employs approximately 2,400 people and has an operations network across 100+ locations on six continents. The Company’s global footprint, combined with local expertise, allows them to meet the unique and complex needs of a diverse clientele. ATPI is headquartered in Manchester, United Kingdom.

ICG is a global alternative asset manager with more than three decades of experience. ICG operates from over 20 locations globally and invests clients’ capital across Structured Capital, Private Equity Secondaries, Private Debt, Credit and Real Assets. The firm partners with management teams, founders and business owners in a creative and solutions-focused approach, supporting them with expertise and flexible capital. ICG is headquartered in Luxembourg, Luxembourg.

Direct Travel is one of the world’s largest travel management companies, focused on delivering solutions to every client and traveler. With a long history of proven market expertise, Direct Travel combines advanced technology, service and expert insights to drive value and savings to its clients – offering solutions across Corporate Travel, Leisure Travel and Meetings & Events. Direct Travel is headquartered in Centennial, Colorado.

Technology & Services

ATPI, a portfolio company of ICG, acquisition by Direct Travel