Vision Travel Solutions, Inc.
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Vision Travel Solutions, Inc. - overview
Established
1953
Location
Toronto, ON, Canada
Primary Industry
Travel & Leisure
About
Vision Travel Solutions, Inc. is a travel services company that specializes in providing tailored vacation packages and comprehensive travel solutions to individual and corporate clients, ensuring a streamlined travel experience. Founded in 1953, Vision Travel Solutions, Inc. operates from Toronto, Canada, focusing on travel services.
The firm was acquired by Direct Travel in April 2017, which is a portfolio company of ABRY Partners. Liviu Vasies is noted as the founder, and Alan Burke leads the company as CEO. Vision Travel Solutions, Inc. offers comprehensive travel solutions, including travel planning, accommodation bookings, and itinerary organization.
The company caters to diverse customer needs with tailored vacation packages, serving individual travelers, families, and corporate clients across North America and Europe. The company generates revenue through direct-to-consumer sales and business-to-business partnerships, focusing on customizable travel packages. Clients can select from various pricing tiers based on the complexity of their itineraries, which include exclusive deals and premium offerings, marketed through online platforms and travel agencies. Vision Travel Solutions, Inc.
plans to expand its offerings with new products designed to enhance customer experiences, although specific launch dates are not disclosed. The firm aims to target new markets and geographic regions, leveraging its recent acquisition by Direct Travel to intensify its presence in various areas. The funding acquired through the 2017 deal will support these initiatives, helping to streamline operations and broaden market reach.
Current Investors
Direct Travel, Inc.
Primary Industry
Travel & Leisure
Sub Industries
Business Support Services, Hospitality Services, Travel & Tourism
Website
www.visiontravel.ca
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Vision Travel Solutions, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Voyages Cortravco Inc. | - | ||||||||
| Add-on | Completed | UNIGLOBE One Travel Inc. | - | ||||||||
| Add-on | Completed | Vision Travel Solutions, Inc. | - |
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