Reed & Mackay Travel Limited’s acquisition of Australian travel company – Concierge Travel Group

BDO.LiveSite.Deals.DealTypeM&A
BDO.LiveSite.Deals.IndustryLeisure
BDO.LiveSite.Deals.SubIndustryTravel
BDO.LiveSite.Deals.ClientNameReed & Mackay Travel Limited

Reed & Mackay Travel Limited, which is backed by UK private equity Inflexion, is a globally recognised corporate travel management firm.   With wholly owned offices across EMEA, APAC and the US, their global presence is further augmented by Reed & Mackay’s International Partnership with over 4,000 experts across 40 countries. Their brand promise of extraordinary service is delivered through expert travel consultants combined with world class proprietary technology across the globe.

On the 4 February 2019, Reed & Mackay announced the acquisition of Concierge Travel Group, the Australian travel management company. The acquisition extends Reed & Mackay’s footprint across AsiaPAC following their launch in Singapore in May 2018.

Reed & Mackay engaged BDO Sydney, led by Daniel Coote, to advise on the transaction regarding financial, taxation and commercial due diligence. 

BDO completed financial, taxation and commercial due diligence for Reed & Mackay for the acquisition of Concierge Travel Group. The work was of a high quality and delivered to scope.  We performed this transaction largely from London and were very well supported by BDO on the ground in Sydney.  We found the team to be professional, proactive and responsive to our stakeholders here.
Joe HanlyCFO, Reed & Mackay Travel Limited