Brickell Travel Management (BTM), a Miami-based travel management company (TMC), announced that Israel-based travel management company (TMC) Talma Travel Solutions has made a strategic investment in its current operations to acquire a majority stake in the company. The deal, said the announcement, “brings together two innovative, technology-driven companies dedicated to innovation and outstanding customer service.”
With a local presence in the US, Argentina, Brazil, Colombia, Mexico and Peru, BTM serves clients in more than 20 countries with a focus on the US and Latin America, offering comprehensive travel solutions for corporate and leisure travelers. Through the partnership with Talma, BTM now has a gateway into new markets within Europe and the Middle East through Talma’s network in more than 100 countries. BTM anticipates total sales to double within the next three years through the partnership.
Maikel Rodriguez, CEO of Brickell, said that when the company began searching for the right partner, company leaders knew they were looking for an extension of its team that could help achieve a more expansive geographical footprint within the US and worldwide. “We instantly felt Talma was the perfect fit,” he said, “as they aligned with our culture and vision while also working within the same business model that has already proven successful for our team.”
The BTM team, according to the announcement, gains access to Talma’s latest cutting-edge technologies and innovative solutions, including Wenrix, an airfare optimization tool; and Arbitrip, a hotel platform that provides organizers and travelers with tailored recommendations, automatic rebookings in case of price drops and intuitive reporting. The company’s team can also now access expanded GDS (global distribution system) content from multiple providers as well as increased distribution content such as NDC (new distribution capabilities).
BTM will continue to be led by Maikel and co-founder Michael Rodriguez, along with Marc da Rocha, director of sales and account management; and Ennio Gonzalez, director of supplier relations. All employees and client relationships will remain under the existing structure, and operations will be continued at existing office locations.