Capita plc today announces the acquisition of York-based NYS Corporate Limited. The acquisition will bring expertise and scale to Capita’s existing operations in the business travel, meetings and events market.
NYS Corporate will further strengthen Capita Travel and Events’ service offering across events, meetings and travel. Bringing a specialist focus in meetings and events, innovative meetings technology and a wealth of experience, NYS Corporate will support Capita Travel and Events combining leading edge technology with their renowned personalised, high quality service to a broad range of customers.
James Parkhouse, chief executive officer of Capita’s travel and events business said: "The acquisition of NYS Corporate will add significant value to our customers and partners, further enabling us to help make their business events, meetings and travel smarter though the application of quantitative and qualitative insight.
“NYS Corporate has built a great reputation for innovative technology, aligned to a strong service ethos and deep knowledge in the meetings industry. Our combined expertise enhances our existing capabilities and positions us strongly in the UK’s events, meetings and business travel sector”.
NYS Corporate, which employs 62 employees, will retain its market identity, operating with the same staff and no change in name, creating two powerful brands appealing to very specific audiences. Trevor Elswood, chief commercial officer of Capita’s travel and events business will be the managing director of NYS Corporate within Capita.
Together, the two companies will have over £560m in managed spend, and employ nearly 1,000 people in seven UK locations.