Canadian host agency Trevello intends to go public as Trevello World Holdings Inc.
“Our company will be transitioning from a private to a public company by merging with an existing public company, M3 Capital Corp,” said Zeina Gedeon, CEO of Trevello’s Canadian operating company.
“M3 Capital Corp is a shell company currently listed on the Toronto Venture Exchange. It was formed and structured with the intention to merge with a company that the founding shareholders believe represent a major opportunity for the future. We are thrilled that Trevello is the best fit for them and look forward to the next stage of our journey.”
Formerly known as Travel Professionals International (TPI), Trevello’s history dates back to 1994 when it was founded by Morris Chia, whose vision was to help “entrepreneurs sell travel however and wherever they wanted.”
The host agency now has more than 1,000 Independent Travel Provider members, and recently announced a major initiative to expand in the U.S. To that end, it hired former CIE Tours CEO Elizabeth Crabill as Chief Executive Officer of Trevello World Holdings. The ambitious goal for 2025 is to add more than 1,000 members south of the border.