Hays Travel has acquired Welsh agency chain Tailor Made Travel out of administration.
Tailor Made Travel went into administration at 4pm in Thursday, with Deloitte appointed as administrator.
Hays Travel had been contacted and made an expression of interest.
Its offer to acquire all 20 shops was agreed, as was the retention of approximately 100 employees, late Friday afternoon.
Tailor Made Travel chief executive Simon Morgan said he was not able to provide further detail at the present time.