ABRY Partners' Direct Travel to merge with Vision Travel

Direct Travel Inc, a portfolio company of U.S. private equity firm ABRY Partners, has agreed to merge with Vision Travel Inc, a Toronto-based travel management company. No financial terms were disclosed for the deal, which is expected to close this month. The combination of Direct, a Denver, Colorado-based travel manager, and Vision will create a North American business with more than US$3 billion in sales and offices in more than 60 locations, the companies said. ABRY invested in Direct last year, when it acquired the equity interest of Silver Oak Services Partners.

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