Travel
management company Altour International late Tuesday announced it had purchased
Savage-Minn.-based Advantage Travel & Incentives, a regional corporate and
leisure agency.
Advantage
does business under the names Advantage Performance Network and Advantage
Travel Management. Terms of the deal were not disclosed, but Altour said APN
would integrate with Altour's Travel Authority, creating a combined entity with
sales volume of more than $900 million.
Advantage
president and CEO Mary Sue Leathers will remain with the company. "APN
strives to form solid relationships with its clients and maintains them by
taking good care of their travelers and program participants," said Altour
founder and president Alexandre Chemla.
The acquisition is Altour's second in the span of a year,
following its August 2009 purchase of The Travel Authority.