Law Week Colorado Highlights Lyle Wallace’s Representation of Corporate Travel Management in $200 Million Acquisition
DENVER, Colo. (February 22, 2021) — Sherman & Howard lawyer Lyle Wallace was quoted in a recent Law Week Colorado “Big Deals” section regarding his representation of Corporate Travel Management (CTM) in its $200 million acquisition of Travel & Transport.
The business travel industry deal will pave the way for Corporate Travel Management, a publicly held company headquartered in Brisbane, Australia, to gain traction in the North American market. The acquisition created “one of the world’s leading global mid-market corporate travel managers,” according to CTM’s press release.
“They’re a market leader in Australia, New Zealand, Europe, and Asia,” Wallace said. “It made sense for Corporate Travel Management’s entrée into the United States to acquire a company of their size and operational history, and using some similar software programs that (CTM) was familiar with.”
The full article was published in the February 22, 2021, edition of Law Week Colorado (subscription required).