TravelTek

Travel technology solutions for travel agents and tour operators

Sector

Software IT & Telecomms

Location

East Kilbride

Deal type

Growth Capital

Investment size

Undisclosed

Investment date(s)

2016, 2018, 2019

Website

traveltek.com

"YFM are an incredibly pro-active and forward thinking organisation, who support and empower their management teams to get on and ‘do the job’. YFM identified an opportunity to accelerate the growth in Traveltek, both in the UK and now globally. I am personally incredibly excited about the next chapter and look forward to working with YFM to create optimum value for its stakeholders and investors."

Mal Barritt, CEO of Traveltek

The business

  • Provides market leading dynamic packaging technology to travel agents, tour operators and wholesaler worldwide
  • Headquartered in Scotland with international satellite offices
  • Awarded World’s Leading Dynamic Packing Solutions Provider at the World Travel Awards 2014-2018

The strategy

  • Continue to develop the market leading position
  • Increase the international office network and customer base
  • Invest in technology to ensure the product remains market leader
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