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New Deal


Announced

Completed

Voyageurs du Monde-backed Original Travel completed the acquisition of a 65% stake in Extraordinary Journeys.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For65%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

adventure travel

Majority

Travel and Tourism

Private

Completed

Cross Border

Acquisition

United States

Single Bidder

Synopsis

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Voyageurs du Monde-backed Original Travel, a provider of travel and tour services, completed the acquisition of a 65% stake in Extraordinary Journeys, a provider of online safari and luxury adventure travel services. Financial terms were not disclosed. This acquisition gives Voyageurs du Monde a foothold in the US market. The planned development of the business will consist of allowing Extraordinary Journeys to offer trips to all of the Group’s destinations and offering US customers the services developed by Voyageurs du Monde already available to its international customers as well as those of Original Travel, as well as its practice of offsetting carbon emissions generated by the company and customer travel by means of reforestation programmes managed primarily by the Group’s “Insolite Bâtisseur Philippe Romero” foundation.

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