Go West Tours sells to Sealink Travel Group
The Shareholders of Go West Tours completed a $114m landmark deal to sell their premier bus and coach transport business to SeaLink Travel Group (ASX:SLK).
A home-grown success story, Go West began in 1981 with a single bus and grew to become one of the largest specialty providers of bus transportation services to the WA resources and public transit sectors with a first class safety record.
Forging close ties to the booming Western Australian resources market, Go West’s established regional infrastructure across key mining hubs in the Pilbara, Goldfields and South West / Great Southern regions made the family-owned company an attractive prospect for SeaLink Travel Group looking to expand its portfolio of world class transit providers to the highly attractive resources sector.
SeaLink is Australia’s largest integrated transport provider, moving more than 206 million customers per year across its business units including Captain Cook Cruises, SeaLink Rottnest Ferries and Swan Transit, the leading transportation provider to Perth’s urban bus network.
BDO’s Mergers & Acquisitions Team advised Go West on all commercial aspects of the transaction.