We have recently acted for the management team of JacTravel Group on the sale of the company to Webjet, an Australian listed entity, having previously acted on the sale of the Totalstay Group to Jac. Jac is a market leading B2B travel business and together, they will form the number two player in this market globally.
The impending Brexit threat does not appear to have put off this acquirer who would appear to be more focused on the ability to create a group with true global reach. Let’s hope the appeal of London and the UK as a global gateway remains and this is a signpost to the more open Britain we are promised post Brexit.
Further information on the acquisition is available at the following link: