Corporate Finance Deal Announcement: Business Travel Partnership

9th Jun 2016

We are delighted to announce that our award-winning corporate finance team has advised Joel and Anona Rouet, the shareholders of BTP Group Limited, on the sale of the group to Gray Dawes Travel Limited, a leading provider of corporate travel management services with a presence stretching from Scotland in the North to offices in Colchester and Jersey in the South. The deal sees Gray Dawes re-establishing a presence in London.

BTP specialises in business travel, offering a full travel management service to over 250 companies and discerning business travellers alike. The company's event team provides a total project management service to corporate clients requiring a qualitative solution to their motivational, incentive travel, conference and event management needs anywhere in the world.

Our corporate finance deal management advice was led by managing director Laurence Whitehead and director, Craig Chamberlain. Our team worked closely with all parties to the transaction, including Phil Stephenson and Anneka Traynor of the law firm KBL Solicitors who provided legal advice to the vendors.

Joel commented:

“These are exciting times for everyone associated with BTP. This agreement brings together BTP’s service reputation with Gray Dawes’ proven approach to optimizing world-class technology to deliver a compelling customer experience both offline and online.”

Laurence and Craig added:

“It was great to work with Joel and Anona and to assist them in the sale of their business to a like-minded buyer. The fit with Gray Dawes is undoubtedly a good one and we are confident that the combined entities will be very successful over the coming years. We wish Joel and Anona all the best for the future”.

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If you would like to know more about this deal or how we can assist you, your clients or your contacts on corporate finance or strategic planning matters, then send us an enquiry to arrange an initial no-obligation meeting.

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