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A British company has taken control of Australia’s largest independent travel management company.
Firms: Arnold Bloch Leibler (Voyager Travel and the Krongold Group); DLA Piper (ATP Instone)
Area: M&A
Value: Undisclosed
Key Players: Melbourne-based ABL partner Jonathan Wenig (pictured) led his firm’s team, which also included senior associate Jeremy Lanzer.
DLA Piper acted for ATPI. Melbourne-based corporate partner Richard Moshinsky and senior associate Greg Monahan were the main lawyers involved from DLA Piper.
Deal Significance: Voyager has offices in Sydney, Melbourne and Perth and employs over 100 people.
ATPI is a global travel company with offices in around 60 countries.
“This transaction is a fantastic outcome for the Krongold Group, a long-standing client of
the firm,” said Wenig.
ABL has acted for the Krongold Group for over 25 years.
Wenig and Lanzer both mentioned the long-standing relationship of 25-plus years of ABL and the Krongold Group.
“It is another important milestone in achieving our international expansion strategy,” said ATPI CEO Graham Ramsey.
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