TripActions, a global provider of a travel, corporate card, and expense management solution, acquired Resia AB, a Gothenburg, Sweden-based travel management company.
The amount of the deal was not disclosed. This is the third Europe-based acquisition for the TripActions Group in nine months, following the addition of Comtravo in early February 2022 and Reed & Mackay in May of 2021.
Founded in 1974, Resia brings nearly 50 years of regional industry and market expertise to the group and offers ideal positioning for further growth across the Nordics. The corporate travel agency also boasts a strong meetings and events (MICE) offering that drives more than a quarter of Resia’s sales volume, with capabilities that range from conference arrangements to the management of worldwide congresses.
Led by co-founder and CEO Ariel Cohen, TripActions is an only all-in-one travel, corporate card, and expense management solution, providing 8,800+ customers around the globe with visibility and control over spend.
The group now supports more than 8,800 businesses around the globe, spanning all segments and needs, from self-serve startups to high-touch corporates. With the addition of Resia, the group’s reach extends throughout the European continent, with office locations that include the UK, Ireland, and Sweden in the north; the Netherlands, France, and Germany in the west; and Portugal in the south.
FinSMEs
02/03/2022