TravelPerk has acquired company journey sustainability consulting agency Susterra, persevering with a current spate of acquisitions which have grown each the geographic footprint and scope of companies for the Barcelona-based journey administration supplier.
The acquisition of U.Ok.-headquartered Susterra—the monetary phrases of which weren’t disclosed—is the newest step in what TravelPerk described as its “ongoing funding in sustainability” following the 2020 rollout of the corporate’s GreenPerk carbon-offsetting program.
Based by environmental scientist James Dent, Susterra gives corporations with information and analytics on their travel-related environmental impression, which data subsequently will be leveraged to scale back prices and obtain sustainability targets.
TravelPerk chief business officer Jean-Christophe Taunay-Bucalo has recognized sustainability as one among three areas, together with security and suppleness, which have develop into considerably extra vital for company journey departments as journey resumes within the wake of the Covid-19 pandemic.
Amid that amped-up onus on sustainability, TravelPerk envisions combining the capabilities of Susterra and GreenPerk to supply purchasers an end-to-end sustainability providing masking “all the pieces from reporting to offsetting.” Susterra’s expertise will likely be built-in into TravelPerk’s platform within the coming months, with Susterra founder Dent becoming a member of TravelPerk, the corporate mentioned.
The deal for Susterra continues what has been a busy 12 months of shopping for for TravelPerk, beginning with the January buy of U.S.-based journey administration supplier NexTravel. After touchdown a $160 million Collection D funding spherical in April, the corporate continued the purchasing spree with the July acquisition of the U.Ok.’s Click on Journey.