International tour operator, Macs Adventure came to TTC during the Covid-19 pandemic. Founder and CEO, Neil Lapping had some offers on the table, but wanted help appraising them.View case study
Selling a travel business
When it comes to selling or exiting your travel business, our deep travel sector experience will add a tonne of value.
At the pre-sale planning stage, we can help you prepare your business so it’s looking its best when it meets potential purchasers.
We’ll leave no stone unturned in reviewing your systems and tuning up your processes. We’ll make sure they’re up to scratch, in line with industry norms and best practices, and will survive the rigours of a due diligence process. Naturally, we’ll help you fix any deficiencies we happen to find.
Next, we’ll work with you to prepare a suitable information pack that accentuates the positives, and markets your business in the best possible light. This will be underpinned by a detailed, fully flexible financial forecast model that supports your valuation.
We can help you identify likely suitors amongst our extensive, qualified network of potential buyers.
Finally, throughout the due diligence and sale execution process, we’ll be there to lighten the load and make sure everything proceeds to completion as quickly and smoothly as possible.
Buying a travel business
Thinking of investing in a travel business?
We can support you through the acquisition process, starting with finding a suitable target investment amongst our vast network of travel industry contacts, through to tactical support in structuring an achievable deal.
When it comes to buying travel companies, there is the added complication of satisfying important travel industry regulators like ATOL ABTA and IATA. Of course, our extensive experience of working with the regulators means you can be confident that the regulatory costs and consequences of your proposed deal structure will be factored into the plans.
Meanwhile, our light-touch due diligence support can provide you with sufficient comfort that your target’s business fundamentals are in good shape.
What clients think of our strategy work
We’ve worked with a wide range of clients over the years, from household names to brand new start-ups.
Here are what some of them had to say about our strategic services.
"Knowing that the TTC team are finance experts who also have a deep understanding of the travel industry is the reason we have remained a client for so long. We are delighted with the day-to-day finance work and long-term strategic planning they have carried out for us."
"We appointed TTC to assist with the regulatory aspects of carving Travelopia out of the TUI Group. Martin and his team worked closely with the senior management team throughout the very complex transaction process, providing advice and guidance on all licensing and bonding matters. TTC's in-depth knowledge of the ATOL, ABTA and IATA requirements and their previous travel sector transaction experience was invaluable in helping us conclude a successful sale to KKR."
"The TTC team were fantastic to work with, and they understood the travel industry as well as the challenges we were facing. Martin and Sarah shared some insightful analysis that, as a CEO, helped me to have confidence in the modelling and the decision I was making."
Latest strategy work
When we achieve results for our clients, we like to celebrate them. Here are some success stories we are pleased to have been a part of.See all of our work
Are you starting a new project and need to find new funding? Take a look at the four important questions you need to think about.