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Host travel agency InteleTravel announced Tuesday the acquisition of global events agency MGME, less than a year after acquiring corporate travel alliance Hickory Global Partners.
Terms of the deal were not disclosed. The company called it another step in its strategy to leverage shared resources across more travel markets.
MGME produces more than a thousand in-person, virtual and hybrid events and conferences a year. It will continue operating as an independent brand, just like Hickory.
“The corporate and business travel market has rebounded fully, and the meetings, conferences and events industry has been a particularly strong area of growth,” said James R. Ferrara, president and co-founder of InteleTravel. “Getting behind a leader like MGME makes sense, while being able to represent top quality event and exhibition offerings is a strong competitive advantage for both Hickory members and InteleTravel advisors.”
The MGME integration will empower Hickory member corporate agencies and travel departments to offer their clients event production, meeting planning, conference logistical services and creative development, the company said.
“This will allow our members and partners to have full access to top-to-bottom, world-class event planning and coordination without having to engage with multiple vendors,” said Hickory president Chris Dane.
MGME and its clients will benefit from InteleTravel’s resources and scale, as the three companies join in business development, purchasing power, cross-utilizing capabilities and finding efficiencies.
“I am incredibly excited to ally MGME’s professional storytellers and experienced designers with InteleTravel and Hickory’s travel professionals and clients,” MGME CEO Carvie Gillikin said.
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