Clarity Business Travel, a corporate travel agency based in the UK, plans to purchase two corporate travel businesses for £36.5 million ($46 million).
Capita, a publicly traded business IT company based in London, said Thursday that it
Clarity Business Travel, a UK-based corporate travel agency, intends to acquire Agiito and Evolvi for £36.5 million, subject to regulatory approval. Agiito specializes in corporate travel, meetings, and events management, while Evolvi provides a rail booking tool for travel management companies. The acquisition deal includes an initial cash payment of £8 million to Capita, with the assumption of working capital and debt liabilities by Clarity.
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