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Intrepid Travel cements ‘strategic partnership’
Global law firm DLA Piper has advised Intrepid Travel on its partnership with a French family office.
Emma Musgrave
Firm: DLA Piper (Intrepid).
Value: Undisclosed.
Area: M&A.
Key players: The legal team advising Intrepid was led by DLA Piper corporate partner Shane Bilardi with support from senior associate Sarah Wilson, and solicitors Simon Rimmelzwaan, Jonathan Pham and Davina Khoo.
Deal significance: Intrepid Travel is described as the world’s largest small-group adventure travel company, offering over 1,000 escorted tours globally.
The transaction, which sees French family office Genairgy SAS acquire a minority stake in Intrepid, will assist Intrepid accelerate its ambitious growth strategy, “with the goal to become the world’s first AUD$1 billion adventure travel company by 2025,” according to a statement from DLA Piper, which noted that Genairgy is “well known for its investments into sustainable companies who love their customers and have strong human values”.
Commenting further on the transaction, DLA Piper lead partner Mr Bilardi said: “It was a pleasure to work with Intrepid’s founders and the executive team to implement this transaction, which will help the Intrepid business achieve its growth strategy and pursue strategic opportunities.”
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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