Reed & Mackay acquires Regent International S.R.L

Reed & Mackay acquires Regent International S.R.L

Sixth acquisition for Navan Group in three years

Global travel and event management company, Reed & Mackay, has expanded its footprint across the top five markets in Europe for business travel spend by acquiring Italy-based Regent International S.R.L.

The move follows strong growth for the business in Germany and France and a rebranding of the Reed & Mackay businesses in Spain and Sweden in the past 12 month.

Having grown 28% year-on-year in mainland Europe, Reed & Mackay’s latest acquisition underpins its commitment to Europe. 

“Italy is an important market for Reed & Mackay’s clients,” Reed & Mackay Global CEO, Fred Stratford, said.

“Not only does Regent International bring deep-rooted knowledge of the Italian corporate travel and events market, its values also closely align with Reed & Mackay’s uncompromising focus on high-touch service. 

“I am thrilled to be welcoming Giovanni Tiradritto and all Regent International S.R.L employees to the Reed & Mackay family.” 

The seventh-largest business travel market globally and fourth-largest in Europe, Italy has an annual business travel spend of $34 billion according to GBTA’s Business Travel Index Outlook 2023. 

Regent International provides personalised corporate travel and events services to over 200 clients across core sectors for Reed & Mackay including professional services, premium brands, healthcare, technology and media.

Founded 50 years ago as a family business, Regent International is recognised as a leading player in Italy, with offices in Rome and Milan. 

Giovanni Tiradritto, Founder and Managing Director of Regent International S.R.L said: “I am incredibly proud of Regent’s reputation as a service leader in Italy, and we look forward to delivering this tailored service to Reed & Mackay’s International clients with travel and event needs in the Italian market. 

“This is an exciting next chapter for Regent International with expanded buying power, international coverage and enhanced technology set to bring enhanced benefit to our clients here in Italy.” 

Tiradritto will continue to lead the Italian business, working closely with Stratford and the wider Reed & Mackay executive team.

This marks the sixth acquisition in three years as the Navan Group continues its strategic investments across Europe. 

The Navan Group was ranked the fourth-largest TMC in Europe by BTN Europe in 2023.