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flag Direct Travel acquired ATPI, creating a global travel firm managing $6B+ annually with expanded tech and international reach.

flag Denver-based Direct Travel has acquired its long-term partner ATPI, forming a global travel management company managing over $6 billion in annual travel volume. flag The merger, rooted in a partnership since 2017, combines Direct Travel’s U.S. strength with ATPI’s European and specialized expertise in energy, marine, sports, and group travel. flag The combined entity will operate in over 90 countries, retain ATPI’s brand and leadership, and accelerate the rollout of Direct Travel’s Avenir Travel Edition platform powered by Spotnana technology. flag ATPI’s tech spin-off, TripStax, will remain independent. flag The deal positions the new company as a major global alternative to large consolidated agencies, emphasizing tailored service and technology. flag Meanwhile, Navan, formerly TripActions, has filed for an IPO, reporting $537 million in revenue for fiscal 2025, a 33% increase, and $3.7 billion in payment volume, though it posted a $181 million net loss, down from $331 million the prior year.

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