Sale of escorted tour operator, Martin Randall Travel, to Piper PE LLP

Deal typeM&A & Private Equity
IndustryLeisure
Client nameMartin Randall Travel
BDO has advised the shareholders on the sale of Martin Randall Travel to Piper PE LLP, a consumer-focused private equity firm. 

Martin Randall Travel is a leading cultural tour operator in the UK, operating tours and hosting music festivals globally. The business provides itinerary-rich group tour experiences (typically small groups of 18) with highly curated content delivered by the best lecturers globally in their specialist subject area. Martin Randall Travel benefits from multiple source markets including the UK, USA and Australia.
 

“I couldn’t be more pleased that we chose BDO to be our advisors. They are a bunch of very smart people, with magisterial mastery of their business, anticipating every question, so understanding that they often finished our sentences for us, blisteringly efficient, relentlessly patient, tirelessly good humoured and jolly good sorts all round”
Martin Randall, Founder, Martin Randall Travel

 

“BDO were exceptional throughout this process, from the very first meeting to the very last. Well-briefed and well-connected, they listened carefully and responded quickly – and kept to the timetable. Their advice and support surpassed all expectation. They also handled us brilliantly: patiently explaining so much that was new, and with relentless good humour and encouragement, even in the deep depths of FDD. I am immensely grateful to you all.”
Fiona Charrington, CEO of Martin Randall Travel

 

“Martin Randall Travel provides its customers with unforgettable experiences. Its tours are one of a kind and we’re delighted it has partnered with Piper Private Equity to back CEO Fiona Charrington to continue to provide its experiences to more customers across the UK, USA and Australia.”
Harry Stoakes, Partner, BDO

 

“We are very excited to be backing the Martin Randall Travel team for the next stage of growth. Our consumer insight work shows that people are more eager than ever to invest in their hobbies while seeing new countries and experiencing new cultures. As a thought leader unrivalled in its satisfaction levels among clients, Martin Randall Travel is exceptionally placed to benefit from this pent-up demand.”
Dan Stern, Partner, Piper PE


The BDO project team included:
Harry Stoakes, Tom Urquhart, Alec Fennell, Freddie Florin (M&A)