Protrav Services, Inc.

Protrav Services, Inc.
Encino, CA

 

Status:
Realized
Initial Investment by Marwit: 1994
Operating Partner: Herbert Warren, CEO
Protrav Services, Inc. provides charter tour and motor coach services to tour packaging companies and direct uses such as professional sports teams, universities and other groups. At closing, Protrav operated 50 motor coaches from its facilities in Los Angeles, CA and Las Vegas, NV. Marwit sponsored a recapitalization of the Company in 1994, facilitating the buyout of a controlling interest held by Japan-based Nissan Travel Services and the refinancing of all Company debt. In 1997, the Company was sold to motor coach tour consolidator Travelways, Inc.