One Equity Partners acquires stake in Travel Acquisitions Group
One Equity Partners has closed on the acquisition of a fifty-percent stake in Travel Acquisitions Group. Travel Acquisitions Group was formed by a management buy-out of the Carlson Leisure Group from the Minneapolis based Carlson Companies, led by Michael Batt, who is Chairman and CEO of TAG.
About Carlson Leisure Group
Carlson Leisure Group operates as a travel agency in the United States. It offers tours, cruises, escorted, and independent travel services for individuals and groups in addition to managing the commercial travel accounts of medium and small-sized companies. The company was founded in 1888 and is based in Minnetonka, Minnesota. Carlson Travel Group, Inc. formerly operated as a subsidiary of Carlson Companies, Inc.