Clearwater International advises ECI Partners on its investment in TAG

Clearwater International has advised ECI Partners (ECI) on its investment in TAG, the market leading high-touch travel management company to the entertainment and corporate markets. The transaction marks a successful exit for investor Apiary Capital.

TAG was founded in 1988 and now employs more than 450 people across the globe. As an award-winning travel and event management company, TAG has redefined the standards for travel in the entertainment industry with specialists providing bespoke, high-end service to some of the biggest names in music, film and TV production, as well as top C-suite and corporate executives.

With a track record of eight successful acquisitions during Apiary’s ownership, TAG is poised for further expansion with ECI's backing, bolstering its platform and enhancing its bespoke offering to its client base around the world.

The transaction is Clearwater’s fourth completed travel sector transaction since June 2023, evidencing the robust outlook for the sector. These transactions (Direct Ferries, Diversity Travel, TrustedHousesitters and TAG), reinforce Clearwater’s position as the leading mid-market M&A adviser to the travel sector.

Clearwater’s Debt Advisory team have secured attractive debt financing packages for three of these transactions, an encouraging vote of confidence for the travel industry, which bodes well for the future.