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Capita doubles presence with takeover deal

Capita group has more than doubled its presence in the business travel sector with the £42.5 million purchase of hotel booking and meetings management company BSI.


Chief executive Paul Pindar said: “This acquisition will make Capita’s business travel offering one of the top five, by size, in the UK business travel market.


“Post acquisition the combined businesses will be able to offer a unique and end-to-end travel proposition to our current and future clients.


“In particular, with central government looking to significantly drive down travel and subsistence costs for public sector workers, we will be in a strong position to help achieve these aims both in terms of greater overall efficiency and reduced unit costs.” 


BSI has around 300 staff, mainly in Taunton, London, Nottingham and Cheadle, and made an operating profit of £3.9 million on turnover of £12.3 million in the year to June 30.
 
Clients include Marks and Spencer, EasyJet and the Crown Prosecution Service.


 


 


 

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