Gray Dawes Travel & Expense Management announced that it acquired The Business Travel Partnership

on March 26. Both travel management companies are based in the United Kingdom. Gray Dawes nonexecutive director Mike Bor played an active role in the deal. Bor in 2004 sold World Travel Management, the TMC of which he was managing director, to Expedia Corporate Travel (now Egencia), giving the U.S. company its first foothold in the U.K. market.