MBO of Travel Trade Gazette at UBM

TTGA management buyout led by brand director Daniel Pearce today said it had completed the purchase of Travel Trade Gazette from UBM plc.

The brand, which is celebrating its 60th birthday this year, includes weekly magazine for the travel industry TTG, news-driven websitehttp://www.ttgdigital.com and a series of events including the TTG Travel Awards and the TTG on Tour nationwide roadshows for travel agents.

All aspects of the brand will now be owned and run by a new company, TTG Media Limited. The brand will be run from offices in central London.

Pearce, who joined TTG as editor in 2010, said TTG was looking forward to a bright future. “In a competitive media market TTG remains a hugely respected power brand in the travel industry and beyond, in the UK and across the globe,” he said. “It’s fitting that in our 60th year TTG is now looking forward to a new beginning. We have exciting plans to build on TTG’s position in the market in 2014.”