1. Home >
  2. M&A >
  3. Merger >
  4. Expertia Travel Acquires Condor Travel

M&A Deal Summary

Expertia Travel Acquires Condor Travel

On August 25, 2015, Expertia Travel acquired leisure company Condor Travel from The Abraaj Group

Acquisition Highlights
  • This is Expertia Travel’s 1st transaction in the Leisure sector.
  • This is Expertia Travel’s 2nd transaction in Peru.

M&A Deal Summary
Date 2015-08-25
Target Condor Travel
Sector Leisure
Buyer(s) Expertia Travel
Sellers(s) The Abraaj Group
Deal Type Merger

Target

Condor Travel

Lima, Peru
Condor Travel is an inbound tour operator. The inbound tourism division involves complex co-ordination, and Condor plays a key role in pulling together the appropriate suppliers to create an integrated experience for visitors. Condor Travel is based in Lima, Peru.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Expertia Travel

Lima, Peru
Category Company
Sector Leisure
DESCRIPTION

Expertia Travel is a tourism holding that brings together emblematic tourism companies. Expertia Travel is based in Lima, Peru.

DEAL STATS #
Overall 2 of 2
Sector: Leisure M&A 1 of 1
Type: Merger M&A Deals 2 of 2
Country: Peru M&A 2 of 2
Year: 2015 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-25 Nuevo Mundo Viajes

Lima, Peru

Nuevo Mundo Viajes is a outbound travel agency and airline ticket consolidator in the country with a network of more than 1,000 agencies. It provides travel agency services for leisure and corporate clients directly through its own network and is the largest wholesaler of packaged vacations through affiliated agencies. Nuevo Mundo Viajes is based in Lima ,Perú.

Buy -

Seller(S) 1

SELLER

The Abraaj Group

Dubai, United Arab Emirates
Category Asset Manager
Founded 2002
PE ASSETS 7.4B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Abraaj Capital Limited is a private equity firm that seeks investments in the Middle East, North Africa, and South Asia. Abraaj looks for stable, mature businesses and uses a 'buy and build' strategy for growth. Areas of interest include aerospace, healthcare, transportation, financial services, leisure, education, energy, and manufacturing. In addition to its buyout and growth capital investments, Abraaj also invests in real estate and infrastructure. Abraaj Capital was formed in 2002 and is based in Dubai.

DEAL STATS #
Overall 19 of 31
Sector: Leisure M&A 1 of 1
Type: Merger M&A Deals 1 of 1
Country: Peru M&A 2 of 2
Year: 2015 M&A 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-13 Urbano Express Holdings

Quito, Ecuador

Urbano Express, a provider of courier and light logistics solutions in Latin America.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-01 Clinique Menara

Marrakech, Morocco

Clinique Menara is an oncology and imaging diagnostics center.

Buy -
Mergr

Solution for

Product

Company

Legal