US private equity firm ABRY Partners has sold CIBT Global to Kohlberg & Company, ending its six-year ownership of the business.
Based in McLean, Virginia, CIBT is a provider of travel visa and immigration services, assisting over one million individuals annually to obtain visas, passports, work permits, and related documents required for global mobility.
Through operations in North America, Europe, South America, Asia, and Oceania, CIBT serves multinational corporations, global travel management companies, tour and cruise operators, government agencies, and individual travelers.
Kohlberg partner Ahmed Wahla said: “CIBT is the clear market leader in travel visa and immigration services, providing a full suite of mission-critical services to blue-chip clients across the world.
“We are very pleased to be partnering with CIBT’s management team and its dedicated, worldwide employee base, and we look forward to supporting the company’s future growth initiatives.”
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