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US: Gray Dawes has acquired Nebraska-based travel management company Executive Travel for an undisclosed amount.
The acquisition marks Gray Dawes’ 17th acquisition to date. It brings the group’s total headcount to 600 and annual revenue close to £1 billion, according to the company.
Executive Travel will continue trading under its existing brand during a phased integration period before transitioning to Gray Dawes Travel.
Steve Glenn, chairman of Executive Travel, said: “Joining [Gray Dawes] gives our clients access to a truly global travel management network while preserving the personal relationships and culture that have defined Executive Travel for decades. We’re excited to begin this next chapter alongside Suzanne and the entire team.”
Suzanne Horner, CEO of Gray Dawes Group, added: “This is an exciting moment. The on-going consolidation taking place in the TMC world has left a significant void for an internationally located, mid-sized, service and technology focussed provider in the USA. Adding the experience, reputation and scale of Executive Travel positions Gray Dawes perfectly to fill that void.”
Gray Dawes first entered the US in 2023 with the acquisition of Express Travel.
Highlights:
- Gray Dawes has acquired US travel management company Executive Travel for an undisclosed amount, marking its 17th acquisition as it expands its corporate travel management business.
- The acquisition increases Gray Dawes Group’s workforce to approximately 600 employees and annual revenue to nearly £1 billion.
- Executive Travel will continue operating under its existing brand during a phased integration before transitioning to Gray Dawes Travel, expanding the group’s US corporate travel offering.
- Gray Dawes entered the US market in 2023 through its acquisition of Express Travel.
