APPOINTMENT GROUP BOUGHT BY APIARY

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.