In a move to expand its European presence, Philadelphia-based StarCite has acquired Travent Limited, EMEA, a U.K.-based distributor of its MeetingView meeting-management technology. The acquisition marks a significant step for StarCite in its plans to expand globally and broaden its base of corporate customers in Europe. Travent was the sole distributor of StarCite’s MeetingView solutions in Europe.
In addition to customers like Pfizer and HRG, Travent’s staff and leadership will be joining StarCite, including managing director Ray Thackery. Thackery was the co-founder of seeUthere Technologies, which originally developed the MeetingView platform. SeeUthere merged with PlanSoft in 2004 to become OnVantage, and OnVantage merged with StarCite in 2006. StarCite has continued to offer MeetingView.
Travent customers will get access to additional services and functionality as a result of the acquisition, says John Pino, StarCite founder and president of StarCite International. “Travent customers can expect to see 24/7 customer service, which they previously did not have through the Travent distributorship. They will also see additional technology capabilities in the meeting-management platform, such as increased RFP and sourcing functionality.”
StarCite’s roadmap includes plans for further global expansion, adds Pino. “Ascontinues to gain momentum worldwide, there are going to be more and more customers everyday that are interested in a global services approach to meetings. Our acquisition strategy and growth strategy takes that into consideration as a primary motive.”
Although terms of the agreement prevent Pino from disclosing Travent’s revenue or total employee count, the Travent staff, who mainly work virtually and in client offices in the U.K., will now report into StarCite’s European headquarters in Düsseldorf, Germany. With the Travent acquisition, nearly 20 percent of StarCite’s business is now generated outside the U.S.