Deal typeM&A & Private Equity
IndustryLeisure
Sub-industryTravel
Client namePiper Private Equity
Founded in 1988, Martin Randall Travel is a UK-based, multi-award-winning group cultural tour operator, widely acknowledged to be the UK’s foremost specialist in expert-led cultural small-group tours. The Company’s reputation is built upon a deep cultural understanding combined with immaculate attention to detail, reflected in its five-star reviews.
This results in exceptional brand loyalty and its meticulously curated tours and expert speakers entice customers back year after year. Its customer base is typically affluent, an older demographic and from the UK, North America and Australia & New Zealand.
The company received investment from Piper Private Equity in July 2024 and BDO Debt Advisory successfully advised the company in raising a flexible package of term debt to support the investment.
The finance package will provide management with flexibility as they grow their business with the support of Piper Private Equity.
This results in exceptional brand loyalty and its meticulously curated tours and expert speakers entice customers back year after year. Its customer base is typically affluent, an older demographic and from the UK, North America and Australia & New Zealand.
The company received investment from Piper Private Equity in July 2024 and BDO Debt Advisory successfully advised the company in raising a flexible package of term debt to support the investment.
The finance package will provide management with flexibility as they grow their business with the support of Piper Private Equity.
“BDO Debt Advisory’s prior experience of raising debt in the travel sector was invaluable. Their debt staple identified the lenders best able to support our investment and they then enabled us to move quickly on the buyside to negotiate flexible terms and complete documentation, working with the regulator. We wouldn’t hesitate to work with the debt team again!”
Dan Stern, Partner, Piper Private Equity