Deal typeM&A
IndustryLeisure
The BDO Leisure team advised Clarity Travel Management on its acquisition of Portman Travel. The acquisition will double Clarity’s total transaction value to £400m and see it rise up the corporate travel TTV league to be the 7th largest provider in the UK.
The merger brings together the best talent and experience from both businesses to create a new travel management company with increased buying power, international reach and expertise through a significant shareholding in Radius Travel, a broader base, market-leading technology and best-in-class service.
Pat McDonagh – CEO, Clarity Travel Management