37 | TAG

TAG
2021 sales: $120 million
Previous ranking: 36
Employees: 250

10940 Wilshire Blvd., Suite 100
Los Angeles, CA 90024
Phone: (424) 248-2600
Website

Executives

CEO: Steve Barrass
FOUNDER/PRESIDENT: John Gianquitto
CFO: Jens Penny
COO: Gabrielle Carr
CHIEF TECHNOLOGY OFFICER: Bruce Wildgust
CHIEF PEOPLE OFFICER: Jen Pratt
GROUP TOURING DIRECTOR: Byron Carr
MANAGING DIRECTOR, APAC: Shane Barr

Company facts

* Travel management company with a Film and Media division specializing in the travel and logistics of entertainment clients.

* Sales split of 85% business travel, 10% leisure, 5% other.

* Privately held company majority-owned by Apiary Capital.

2021 developments

* Secured investment from majority shareholders.

* Reduced overhead and meticulously managed cash.

* Invested in technology to drive efficiencies and improve its digital offering.

* Launched TAG24, a 24-hour service utilizing all global offices.

* Continued to dramatically grow its Production Division in Asia-Pacific and the U.K.

* Launched specialty division: Investment Management.

* Launched independent contractor division: TAGiclub.

* When recovery started in Q3, all employees returned full time and TAG began rehiring terminated employees.

* Relaunched TAG Academy, an internal travel agent training program.

Looking ahead

* Q1 2022 outperformed Q1 2019 by 13%. 

* The company has won new business in all specialty divisions: Touring, Production Corporate, Investment Management, Private Travel & Events.

* There's increased demand for high-touch service and dedicated travel management.

* Expects to exceed pre-pandemic revenues in Q3 and Q4. 

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