Alcuin Capital Partners is pleased to announce that it has successfully exited its 2008 investment The Travel Network Group through a secondary MBO.
The Travel Network Group represents the largest independent travel network in Europe, with over 800 members, and provide a range of membership propositions, products and services that enable new or existing travel businesses to operate within the travel sector.
The sale includes ownership of all membership brands underneath The Travel Network Group, specifically Travel Trust Association (TTA), Worldchoice, Independent Travel Experts, Worldchoice Ireland and TTA Trustees.
The transaction represents a successful exit for Alcuin, who first backed TTA in 2007 and subsequently made a follow-on investment in 2008 to support the acquisition of the Worldchoice consortium.
