Just a week after its last acquisition, Direct Travel Inc. has made another deal.
The travel management company, which has offices in Paramus, said in a news release Friday it has added Peak Travel Group of San Jose, California, to its stable of agencies. That is the company’s sixth deal of 2014, and follows the Nov. 14 purchase of Best Travel & Tours Inc., located in Chicago.
Peak Travel is a West Coast agency with sales volume totaling $185 million, Direct Travel said.
"This acquisition continues our momentum and demonstrates our steadfast determination to drive our expansion efforts through strong, strategic acquisitions," Ed Adams, CEO of Direct Travel, said in a prepared statement.
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