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New Deal


Announced

Completed

Genairgy to acquire a minority stake in Intrepid Travel.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Travel and Tourism

Australia

Private

Single Bidder

Completed

Acquisition

Cross Border

travel company

Friendly

Minority

Synopsis

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Genairgy, a destination management company, agreed to acquire a minority stake in Intrepid Travel, an adventure travel company. Financial terms were not disclosed. “As the travel industry starts to recover from the pandemic, we remain focused on building the best travel company for the world. The fact that Genairgy and Intrepid have come together at this time demonstrates real confidence in the future of sustainable experience-rich travel. It’s clear that what was once considered a niche, will become a mainstay tourism model post-Covid,” James Thornton, Intrepid CEO.

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