Data specialist Travelogix completes MBO
Buying Business Travel | September 24, 2019
Data management specialist Travelogix has completed a management buyout.A team led by Chris Lewis, the founder and chief executive, bought back the controlling share in the company from Sweden based Safeture AB, previously known as Global Warning Systems AB (GWS). 51% of Travelogix was previously acquired by GWS in January 2016.Alongside Lewis, the MBO team consists of original co-founder and chief technology officer Gary Jones with sales and marketing Manager Tahir Zia and operations manager Sally-Anne Houlker both investing in the company.