Reed & Mackay has announced it will join forces with Hillgate Travel.
The addition of Hillgate Travel takes Reed & Mackay’s global turnover past the £600 million mark, with both businesses in a growth phase.
Reed & Mackay says the companies complement each other, with both businesses known for their quality of service and technology.
On the 2018 edition of BBT’s 50 Leading TMCs, Reed & Mackay ranked 12th, while Hillgate Travel came in 15th.
Reed & Mackay has been on the acquisition path since being sold to private equity firm Inflexion in 2016, purchasing Gray’s Travel Management in January 2017 and French-based TMCFrequent Flyer Travel Paris in November.
The TMC has experienced global growth, opening offices in Singapore earlier this month and launching a new mobile booking tool in February.
Fred Stratford, group CEO of Reed & Mackay, commented: “This is a really exciting time for our people and our clients. There is a passion for service at the heart of both businesses that makes this a very natural fit. Together we will be even stronger. I have great admiration for the business that Jeremy Bull and his team has built. Hillgate has an excellent reputation and has always shared our client-first ethos. I am very pleased to welcome them to Reed & Mackay.”
Anthony Rissbrook, CEO of Hillgate Travel, added: “Both Hillgate and Reed & Mackay have invested heavily in our wholly owned, client-facing technology. We are very excited about the opportunity to bring together the best features from both platforms, accelerating our delivery of industry-leading technology to our clients.”
Jeremy Bull, chairman of Hillgate Travel, said: “Our clients are increasingly looking for a level of service synonymous with the Hillgate name in key international markets. The investment that Reed & Mackay has made in their wholly owned presence across the globe and in their international partnership will bring great benefit to our client base.”
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