It is announced today that an agreement has been reached for Agiito, part of Capita plc, to be acquired by Clarity Travel Ltd (‘Clarity’), the business travel and events division of the Portman Travel Group Ltd (‘Portman’).
Agiito will be led by the combined Executive Leadership teams of both from Agiito and Clarity, headed by Pat McDonagh as CEO of Clarity. The senior management team and employees will remain with Agiito as they transfer to Clarity.
Donna Fitzgerald, Chief Executive Officer, Agiito, said: “This is an incredibly exciting step in our journey. Clarity will provide a natural home for our business and is well placed to support our ambitious growth in the UK and globally. I’m looking forward to working with the team to help us realise the full potential of our combined businesses.”
Pat McDonagh, Chief Executive Officer, Clarity, said: “I’m delighted to welcome Donna and her team to the business and look forward to working with them to create something truly special. I’ve known the team for a while and have huge respect for their achievements at Agiito. Together with the existing Clarity Executive team, we look forward to a bright future together.”
“Right now, the focus is on business as usual as we work to ensure we continue to deliver exceptional value, service and technology to our clients. Over the coming months we will, leverage the combined strength of our technology and supplier partnerships. It’s extremely exciting and there are huge opportunities for growth moving forward.”
The sale to Clarity is subject to National Security and Investment Act approval.