Direct Travel buys Professional Travel

Direct Travel , a roll-up of travel management companies based in the Denver area, has acquired Professional Travel of Cleveland (No. 31 on the Power List). Terms of the acquisition, Direct Travel’s largest in the U.S. to date, were not disclosed. According to Direct Travel, Professional Travel has more than 175 employees with sales of $448 million. Professional Travel’s leadership team will remain in place following the acquisition. “We’re enthusiastic to begin this new chapter with Direct Travel as it will allow us to provide more depth and a wider array of services to our clients,” Professional Travel chairman and CEO Bob Sturm said in a statement. “Direct Travel’s focus on the mid-market customer along with their service excellence means they are committed to the same guiding principles that have shaped our agency from the beginning.”