Travelsoft acquires Eventiz to deliver knowledge to the trade

Journey know-how supplier Travelsoft Group has acquired Eventiz Media Group, which owns journey commerce publication L’Echo Touristique.

Phrases of the deal haven’t been disclosed, however Eventiz joins Travelsoft’s current manufacturers together with journey reserving engine supplier Journey Compositor, acquired in March final yr, and leisure journey distribution platform Orchestra.

Paris-based Eventiz additionally owns journey commerce information websites together with TOM.journey, Deplacements Execs and Pagtour media. 

In line with a launch, the acquisition is in keeping with Travelsoft’s technique “to deliver to the market the advantages of the info processed by the group’s platforms, specifically tourism workplaces, with providers akin to market evaluation, monitoring and enterprise intelligence.”

Frederic Vanhoutte, founding father of Eventiz Media Group, stated: “Becoming a member of the Travelsoft Group will present us with the sources to take our enterprise to the following stage.” 

Christian Sabbagh, founder and CEO of Travelsoft, added: “It’s an honor to welcome professionals of the standard of the Eventiz employees to the Travelsoft Group, famend and acknowledged in our trade. We’re at all times searching for new and modern methods so as to add worth for our shoppers. Eventiz will allow us to work with new and key gamers available on the market, akin to tourism workplaces, and can strengthen the worth proposition of our providers.”

Travelsoft introduced final October that Captaz had turn out to be a minority shareholder and invested within the firm and stated on the time that the funding would gas momentum.