Lancashire-based Uni-Travel Limited, trading as the Independent Traveller and Ranch Rider, failed on 13 December.
Ranch Rider, which will soon celebrate 26 years in business, has now changed hands, with Canada specialist Frontier Travel taking the reins.
Frontier Travel will add Ranch Rider to its current portfolio of six brands, which provide tailor-made skiing holidays, fly-drive itineraries and escorted tours.
Ranch Rider offers destinations including the US, Canada, Argentina, South Africa, Botswana, Namibia, Kenya and Tanzania and agent commission of 10% is offered on all bookings.