July 15, 2024

ATPI buys Australian TMC

ATPI Group has acquired Sydney-based TMC The Travel Authority to expand its footprint across Australia and New Zealand.

The Travel Authority also has operations in Perth and on New South Wales’ northern coast. Its portfolio includes clients across the marine and energy industries and the leisure and events sector.

Ian Sinderson, CEO ATPI Group, said: “ATPI’s dedicated marine and energy, and mining and resources divisions are growing in Australia and the acquisition of The Travel Authority cements our expansion in this region.

“With a strong corporate presence in Sydney and the servicing of marine customers in Perth, The Travel Authority team complements our existing Melbourne and Perth-based operations, as well as bringing additional support and expertise to our team.

“The synergies do not end there; we are also excited to add a travel management company with our shared values for specialist and expert service in the events sector.”

Peter Hosper, CEO The Travel Authority, added: “We are excited to have found a like-minded partner that shares our vision. Despite the challenges of the last two years, The Travel Authority has achieved strong performance and by joining ATPI we collectively become a stronger united business with a renewed vigour and positive outlook. There’s a lot to look forward to.”

The deal follows expansion in Europe in 2021 via the acquisition of German travel agency Hamburg Süd Reiseagentur GmbH, alongside the addition of new international service locations via partners across particularly Africa, South America and Asia.