Traveleads has acquired Surrey-based Omega Business Travel for an undisclosed sum.
Traveleads, part of the Global Travel Solutions Group (GTSG), also purchased Sterling Travel Management in June 2020.
In this latest move, two senior members of the Omega team will join Traveleads but the others will lose their jobs. It is believed the TMC employed around 12 people when it was acquired.
Paul Millington, Group Managing Director of GTSG, said: “We’re thrilled about our acquisition of Omega Business Travel and incorporating it into our business as we begin to return to normality. Omega aligns with our own priorities of providing bespoke travel solutions and essentially making lives easier for our customers.
“The pandemic has tested the travel industry but with positive updates on the vaccine rollout and the Prime Minister’s roadmap announcement last month, we’re starting to see light at the end of the tunnel.”
Leeds-based Traveleads said the deal forms part of its growth strategy for the year, which has also seen it invest internally to allow colleagues to work more seamlessly and consolidate its offering for the future.
Millington added: “Prior to the virus taking hold in March 2020, we had been preparing for the most exciting phase Traveleads had seen in its 40-year history. Having gone through a 12-month transformation project, we were poised to unveil a new era for the business before lockdown suddenly halted our plans. With real signs of recovery growing, we’re delighted that we have now been able to refocus on implementing this transformation.”
See our 2021 TMC Guide for more on consolidation in the TMC sector.
