![]() ![]() Travelsoft also owns Germany-based Traffics, which it acquired in 2022, and France-based Orchestra. The company works with 300 tour operators connected to 600 suppliers in more than 40 countries, mainly in Europe and the Americas. Travelsoft products are focused on helping the tourism industry sell travel packages by automating production and booking, handling data for marketing, and increasing conversion rates. The company said it will also be able to invest over €5 million ($5.3 million) per year in research and development. With 90 people joining Travelsoft via the acquisition, the company now has more than 200 employees globally. The company is established in Southern Europe and is growing in Latin America and Asia.įollowing the acquisition, Travelsoft said it will now transact bookings worth €5 billion ($5.3 billion) annually and generate revenue of over €35 million ($37.4 million). Travel Compositor said its platforms handle €1 billion ($1.1 billion) worth of bookings annually and generate €11.5 million ($12.3 million) in revenue. The Paris-based company said Monday that it acquired Spain-based Travel Compositor, a provider of travel booking engines, for an undisclosed price. The FRP team then advised Inspirit during the legal documentation stage and through to completion of the transaction.Travelsoft, a company that offers software products focused on travel bookings, has added a third brand to its portfolio. Following further discussions, during which both offers were further enhanced, Inspirit selected Shawbrook as its preferred financing partner, due to its structure most closely matching the original brief. Inspirit received two highly competitive and market-leading financing offers. The focused debt-raising process resulted in two lenders with the ability to meet or exceed Inspirits key financing requirements being invited to submit board-approved terms. Having reviewed and considered the core collateral and financial data, the team quickly identified a targeted list of lenders best placed to deliver the necessary financing structure. ![]() ![]() ActionįRP’s Debt Advisory team was asked to conduct a competitive debt auction to find an asset-based lender with the desire and capability to finance the transaction. Inspirit was seeking to raise asset-based finance to support the acquisition and ongoing working capital requirements, and appointed FRP to manage the debt-raising process. Alpha3, which was being sold by a UK division of US-based Avnet group, was firmly on mandate for the investment firm. ![]() Inspirit specialises in acquiring businesses that are no longer core to their parent company’s strategic objectives, and require a different ownership structure to achieve their full potential. London-based investment firm Inspirit Capital was involved in a competitive auction process to acquire the Alpha3 Manufacturing group, a multi-site business, which produces complex electro-mechanical assemblies, cable harnesses and other electrical components for a range of end markets including aerospace and defence, cryogenics, healthcare, and automotive. Contingency planning and options reviews.Corporate governance and policy reviews.Employee and whistle-blower investigations.Bribery and corruption investigation services. ![]()
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