Acquisition of Travel Agency
Blake-Turner advised a UK-listed travel agency with regards to its acquisition of an internet-based travel agency offering bespoke and unique holidays to the public.
Given the value of the purchaser’s brand, our legal due diligence report was crucial to the PLC and its board. A particular risk was that the vendor owned some high-risk assets including passenger ferries in foreign jurisdictions. We highlighted these risks in our due diligence report. More importantly, our assistance in protecting the purchaser against these risks in the negotiations and deal documentation was of central importance.