ABRY Partners’ Direct Travel acquires Voyages Cortravco


Copyright 2018 by Direct Travel

Vision Travel Inc, an affiliate of Direct Travel Inc, has acquired Voyages Cortravco Inc, a Montréal-based international corporate travel management agency specializing in small to medium-sized clients.

No financial terms were disclosed. The sellers were President Kit Sawhney and Vice President Sarita Sawhney, who founded Cortravco in 1990.

Vision Travel, a Toronto-based travel management business, was acquired last year by Denver, Colorado’s Direct Travel, a portfolio company of  U.S. private equity firm ABRY Partners.

PRESS RELEASE

July 9, 2018

Vision Travel acquires Montreal based Voyages Cortravco

Joel Ostrov, president of Vision Travel, Quebec East Region of Direct Travel, is pleased to announce the acquisition of Montreal based Voyages Cortravco from the company principals, Kit Sawhney and his sister, Sarita Sawhney.

Voyages Cortravco was established in 1990 by Kit and Sarita as an international corporate travel management agency, specializing in small to medium size clients. Their reputation was built on a high level of customer service, providing VIP customer care to their clients. The company will operate as Cortravco, a Direct Travel Company, but under the Vision Travel umbrella.

“We are excited to welcome the entire team from Voyages Cortravco into our family,” said Ostrov. “This acquisition will solidify our leadership in the Montreal corporate and high-end leisure market, bringing even more talent to our organization here in the Quebec East Region of Direct Travel”

“We knew this would be a great fit with Vision & Direct’s continued growth and global strategy,” said Sawhney. “Their personalized approach to travel is right in line with how we have done business for the past 28 years.”

Kit Sawhney will continue on with the company as Senior Vice President, Vision Travel, Quebec East Region, reporting directly to Joel Ostrov. Sarita will stay on as Senior Director, VIP Client Services.

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