Concur Founder Steve Singh and investment firms acquire Direct Travel, led by new CEO Christal Bemont.
Concur Founder Steve Singh and investment firms Durable Capital Partners, Madrona Ventures, Top Tier Capital Partners, and Blackstone Credit & Insurance have acquired corporate travel agency Direct Travel. The acquisition aims to invest in proprietary technology and expand markets, with former Talend and Concur executive Christal Bemont taking over as CEO and Singh serving as executive chairman. Current CEO Ed Adams is retiring.
April 02, 2024
5 Articles