05 Jun 2018 | 08:39 pm |
International law firm Pinsent Masons LLP has advised Livingbridge and management on the sale of Key Travel through a secondary buyout to Elysian Capital.
Key Travel is the leading travel management company dedicated to the humanitarian, faith and academic sectors. Currently operating in 54 countries worldwide, with over 1,900 clients, Key Travel provides travel and risk management services to clients such as WWF and ActionAid, along with 40% of the top 24 research-based universities in the UK including Oxford, Cambridge and King’s College London.
Pinsent Masons acted for Livingbridge when it backed a management buyout of Key Travel in July 2013.
The Pinsent Masons team was lead by Corporate Partners Gregg Davison and Amie Norris assisted by Rachael McGurgan and Rob Cunningham.
Gregg Davison commented:
"We are delighted to have advised Livingbridge and Key Travel's impressive management team through this process, having also acted for Livingbridge on their initial investment in 2013 and supported the business in the years since. This was the second significant transaction in the travel sector which we have advised on in recent weeks, following the sale of Travel Counsellors."
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