CT PARTNERS CEO Matt Masson (pictured) said he was delighted to have a business as innovative and successful as TripActions join CT Partners.
“We have a strong culture built around integrity and close collaboration that delivers tangible benefits to both our members and our preferred supplier partners. TripActions is an excellent fit with our culture and we look forward to further enabling their growth in Australia,” he said.
“Our purpose is to ensure our members thrive and exceed in their individual business goals through tapping into our market leading buying power and industry leading expertise, with each member an equal shareholder and having an equal say in the future direction of our network.
“The success of our members is synonymous with our success, so we remain committed to continuing to nurture their businesses and turning their strategic goals into commercial results. We do this by continuing to cement our reputation as a trusted and respected partner of choice for our customers, suppliers and those valued industry partners we choose to work with,” Masson added.
TripActions is valued at US$9.2 billion, and has recently spent US$300 million on its global expansion plans, which currently stands at more than 3,000 employees across 60 global offices, including a team of more than 70 in Australia.
TripActions acquired longstanding CT Partners member, Reed & Mackay, in May 2021.