M&A Deal Summary

CTM Acquires Redfern Travel

On December 14, 2016, CTM acquired leisure company Redfern Travel for 40M GBP

Acquisition Highlights
  • This is CTM’s 8th transaction in the Leisure sector.
  • This is CTM’s 0th largest (disclosed) transaction.
  • This is CTM’s 2nd transaction in the United Kingdom.

M&A Deal Summary
Date 2016-12-14
Target Redfern Travel
Sector Leisure
Buyer(s) CTM
Deal Type Add-on Acquisition
Deal Value 40M GBP

Target

Redfern Travel

Bradford, United Kingdom
website
Redfern Travel Ltd. is a travel management company. Redfern Travel developed systems and technologies which reduce travel costs and the costs associated with administering corporate travel requirements.

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Buyer(S) 1

Buyer

CTM

Brisbane, Australia

website

Category Company
Founded 1994
Sector Consumer Services
Employees2,600
Revenue 314M AUD (2020)
DESCRIPTION

CTM provider of innovative and cost-effective travel management solutions to the corporate market. CTM was founded in 1994 and is based in Brisbane, Australia.

DEAL STATS #
Overall 8 of 8
Sector (Leisure) 8 of 8
Type (Add-on Acquisition) 8 of 8
Country (United Kingdom) 2 of 2
Year (2016) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-14 Andrew Jones Travel

Hobart, Australia

Andrew Jones Travel is a travel management company. Andrew Jones Travel offers services of a dedicated corporate travel division, providing business’ with a complete travel management package.

Buy AU$6M
Mergr

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