Frosch acquires expense management firm TCG
Global travel management firm Frosch International Travel has announced the acquisition of TCG Consulting.
Charlotte based TCG provides integrated travel, meetings, payment and expense (TMPE) solutions using a proprietary Total Cost of Ownership (TCO) travel spend management system.
It has about $26 billion in client travel spend under management.
It will continue to operate independently under the management of founder and CEO Albert Taras.
Taras established the business in 1994.
"The worlds of travel services and expense management are ripe for innovation and refinement. The combination of FROSCH and TCG allows us to present the best people, technology, and competitive solutions to clients," said Bryan Leibman, President and CEO of Frosch.
Taras said: "While we will always take an agnostic, client-focused approach to advising our clients, we are excited about the ability to offer Frosch’s operational capabilities."
TCG operates out of six office locations including London, Sao Paulo and Hong Kong.
Frosch’s global footprint spans 40 locations on six continents, employing more than 2,200 travel professionals.
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Phocuswright reveals the world's largest travel markets in volume in 2025
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Singapore to forbid entry to undesirable travelers with new no-boarding directive
Euromonitor International unveils world’s top 100 city destinations for 2025