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HomeTravel StartupsCertares invests in agency network Avoya Travel

Certares invests in agency network Avoya Travel

Private equity firm Certares has become a shareholder in Avoya Travel, a network that connects consumers to travel advisors.

Avoya Travel is No. 29 on Travel Weekly’s 2021 Power List

Certares joins two other shareholders: co-presidents Jeff Anderson and Michael Anderson. Both men will become co-CEOs moving forward. Avoya co-founders Brad and Van Anderson plan to retire.

“Expect a lot of growth, a lot of change, and we’re going to give ourselves time for transition here,” Jeff Anderson said during a webinar announcing the news last week.

Certares has about two dozen travel investments, according to its website. They include Power List travel agencies Internova Travel Group and American Express Global Business Travel, Tripadvisor, AmaWaterways, Hertz, Brazilian airline Azul, South America airline group LATAM, and tour operator G Adventures.

Jeff Anderson said Avoya’s day-to-day operations will continue with he and Michael at the reigns. Van…

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