Northington Partners advised First Travel Group, New Zealand’s leading independent travel alliance, in relation to its sale to Express Travel Group. The two companies have enjoyed a successful cross-border working relationship in recent years and this transaction will support continued growth in the First Travel business, boosted by a shared operational culture as well as enhanced buying power.
“Express Travel will provide financial stability, systems to enhance our operations, support for our management team and a path to future growth”, said First Travel Group Chairman Don Menzies. “The ability for members to remain shareholders in First Travel provides an opportunity to share in the future increased earnings of a larger business, while having a say in the direction of the new company.”
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