Journey Administration Agency, TAG, soars greater with backing from ECI Companions

Journey Administration Agency, TAG, soars greater with backing from ECI Companions

Journey Administration Agency, TAG, soars greater with backing from ECI Companions
TAG
Photographs by TAG

ECI Companions, the main growth-focused mid-market personal fairness agency, as we speak publicizes its funding in TAG, the market main high-touch journey administration firm to the leisure and company markets.

The transaction marks a big milestone because it facilitates an exit for Apiary Capital, who’ve supported TAG since 2018 and can make a 4x return.

TAG was based in 1988 and now employs greater than 450 folks throughout the globe. As an award-winning journey and occasion administration firm, TAG has redefined the requirements for journey within the leisure business with specialists offering bespoke, high-end service to among the greatest names in music, movie and TV manufacturing in addition to prime C-suite and company executives.

With a observe document of eight profitable acquisitions throughout Apiary’s possession, TAG is poised for additional growth with ECI’s backing, bolstering its platform and enhancing its bespoke providing to its shopper base world wide.

Jens Penny, TAG CEO, commented: “In the present day is a improbable milestone in our evolution, as we proudly announce the funding by ECI. With our leisure and company clientele and the unbelievable TAG crew, we’re very assured that this partnership will ship a number of latest advantages and alternatives as we’re poised to raise our requirements even additional, guaranteeing unparalleled service for our purchasers as we proceed to form the way forward for leisure and high-end company journey administration. We want to thank Mark, Jess, Nicki and the crew at Apiary for his or her assist and dedication over the previous 6 years and we sit up for the journey forward and development with ECI as our new companion.”

George Moss, Associate at ECI, commented: “We’re excited to be partnering with TAG and leveraging ECI’s expertise of investing within the journey business to propel this world chief to new heights within the world leisure and company journey markets. We’re wanting ahead to working with the administration crew to proceed innovating TAG’s service mannequin, investing in know-how and supporting the subsequent stage of development in its world footprint.”

Mark Salter, Managing Associate at Apiary Capital, commented: “We’re extremely proud to have been a part of the superb journey that TAG has been on since our funding in 2018. Jens and his crew have executed a improbable job in increasing TAG into new geographies and markets, greater than doubling the dimensions of the enterprise on the best way. We’re delighted to cross the baton on to ECI who’re the suitable companion to take the enterprise ahead and assist it by way of its subsequent section of development.”