2023 sales: $515.1 million
Previous ranking: 29
Employees: 463 full-time, 8 part-time
10940 Wilshire Blvd., Suite 1000
Los Angeles, CA 90024
Phone: (424) 248-2600
Website Executives
CEO: Jens Penny
FOUNDER/PRESIDENT: John Gianquitto
COO, U.S. & UK: Gabrielle Carr
CHIEF PEOPLE OFFICER: Jennifer Pratt
GROUP TOURING DIRECTOR: Byron Carr
CHIEF TECHNOLOGY OFFICER: Bruce Wildgust
CFO: Simon Hughes
MANAGING DIRECTOR, APAC: Shane Barr
COMPANY FACTS
* Privately held travel management company, specializing in entertainment, corporate, investment management travel and events.
* ECI Partners is largest shareholder.
* Works with 10 independent contractors.
* Sales: 29% business, 4% leisure, 67% other (primarily music touring, production and support).
* Belongs to IATA, Iatan, Virtuoso, Association of British Travel Agents, Air Travel Organisers' Licensing, Business Travel Association, Advantage Travel Partnership and the Australian Federation of Travel Agents.
2023 DEVELOPMENTS
* Acquired CCM Travel, Atlantis Travel, Travel Stars (announced this year) and Sound Travels.
* Launched a Latin touring sector.
* Opened offices in Riyadh, Saudi Arabia; Orlando; Auckland, New Zealand; and Stellenbosch, South Africa.
* Launched TAG Academy Nashville.
* Acquisitions and office openings expanded its global presence and provided access to talent pools beyond core offices.
LOOKING AHEAD
* Exploring potential acquisitions within both current and new markets, in addition to Red Hot Travel & Events (New Zealand) and Apex Travel (Australia) earlier this year.
* Announced in April that private equity firm ECI Partners invested in the company, facilitating an exit for Apiary Capital and preparing the company for further expansion.
* Investing in technology to enhance the business offering to clients.
* Expanding current territories through acquisition of clients as well as increased services to existing clients.
* Continuing to invest in talent throughout the world with TAG Academy. TAG Academy Sydney launched in January; TAG Academy Manchester/London plans to launch in the fall.
* Expecting growth across all areas and divisions, through a combination of organic growth and acquisitions.
* Sees a continued desire for expansion through its corporate and investment management divisions, as clients are seeking high-touch personalized travel rather than booking through a call center. Company says production division is thriving in APAC and the U.K. and has just begun to touch the surface with production in the U.S. Touring division continues to find organic growth, as company regularly adapts service offerings to best suit the needs of the industry.