AP­POINT­MENT GROUP BOUGHT BY APIARY

The Business Travel Magazine - - The Review -

apiary Cap­i­tal has ac­quired The Ap­point­ment Group (TAG) as its first in­vest­ment af­ter rais­ing £200mil­lion in UK deals.

The pri­mary buy­out is ex­pected to drive growth for TAG through ac­qui­si­tions, in­vest­ment in tech­nol­ogy and peo­ple, as well as in­ter­na­tional ex­pan­sion.

A new CEO, Steve Bar­rass, joins from dnata Travel, where he was Se­nior Vice Pres­i­dent, while Mau­rice Veronique, co-founder of TAG, will step down from the board and co-founder John Gian­quitto will re­main as Founder and Pres­i­dent.

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