Acquisition Opportunity – Project Beyond

Forvis Mazars LLP is identifying potential purchasers for a travel company specialising in sports events and cruises.

Background

  • Guy Hollander and Adam Harris, both of Forvis Mazars LLP, were appointed as Joint Administrators of the company on 19 June 2024.
  • Incorporated in 2003 and operated for many years as a travel agency specialising in cruises, recently acquiring a sports events travel business.
  • Operating online with 10 permanent staff.
  • Working with all major cruise lines, offering cruises and guided tours with a wide range of itineraries and destinations offered worldwide, with 2,000 cruise bookings in 2023.
  • Sports travel division of the business taking sports fans within the UK and worldwide for major sporting events.
  • An official agent for a Grand Prix event, recently having taken over 200 guests to the event.

Key selling points

  • The sports business’ marketing and social media presence: leveraging a database of over 100 global agents and a B2C database exceeding 35,000 clients.
  • 20 years' experience and market presence in the cruise industry with a database in excess of 20,000 customers.
  • A well-established team with extensive experience in the industry, producing weekly newsletters to both B2B and B2C customers.

Next steps

Offers are invited in relation to the whole business. Please note that the interested party would require or already have in place ABTA and ATOL licences, necessary for the cruise division of the business.

Further information will be available on request and will be provided upon receipt of a signed non–disclosure agreement. Marketing is being undertaken on a compressed timescale and as such offers should be submitted along with proof of funding as soon as possible and no later than 26 June 2024 with a view to completing a transaction by 2 July 2024.

Contact Caroline Allen via email or by phone +44 (0)20 7063 4317.