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New Deal


Announced

SeaLink Travel Group to acquire Go West Tours for $88m.

Financials

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Transaction Value£62m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Australia

Friendly

Acquisition

bus operator

Single Bidder

Pending

Commercial Vehicles and Parts

Private

Domestic

Majority

Synopsis

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SeaLink Travel Group, a company engaged in operation of public bus services, ferry, cruise and coach tour services, packaged holidays and travel agency services, agreed to acquire Go West Tours, a bus operator, for $88m. “The Go West team has built a high-quality business focused on providing great service whilst maintaining high safety standards for their clients. Our intention is to retain the well-recognised and established Go West brand and continue to work with, and support, Go West’s existing client base. We are very excited about the growth opportunities this acquisition provides SeaLink and look forward to welcoming all of Go West’s employees to the Group," Clint Feuerherdt, SeaLink CEO.

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