Shareholders of Ensemble Travel Group have voted in favour of an acquisition by Navigatr group in a deal that is expected to yield benefits to members and suppliers alike creating a new and innovative consortium model. The deal is expected to close in the coming days.
“We are very pleased that the shareholders saw the myriad opportunities this deal offered for them from access to new technology and resources to the ability to streamline supplier contracts and programs,” said David Harris, CEO of Ensemble Travel Group who will now assume the role of Chairman.
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“Among the many benefits is that Ensemble members will be able to transact as they have always done, but with access to additional revolutionary travel platforms such as ADX, which offers agents instant commission visibility, one-click insurance and more to improve efficiencies and earnings.”
Ensemble will remain a standalone entity within the Navigatr group with Michael Johnson of Navigatr becoming President.
“As I have come to know the Ensemble team and members over the past several months, I am more confident than ever of the value that this new consortium model represents,” said Johnson. “It’s been very gratifying to hear from members about their excitement at the additional opportunities and resources that will be available to them to grow and enhance their businesses. The new Ensemble is truly poised for significant network growth to deliver for all of our stakeholders.”
Reflective of the sentiments shared by both companies, suppliers and members have also shared their enthusiasm about the deal.
Ensemble Travel Group had a short-lived operation in Australia and New Zealand, headed initially by Trish Shepherd and then Katy Muyt, before the North American business shuttered its Sydney-based office in April 2020 as the pandemic began.