TD Travel Deal is Champion

March 22nd, 2012

Champion Accountants client, TD Travel Limited, the North West-based independent travel management company, has been sold to a management buy-out team for an undisclosed sum, backed by private equity firm, LDC.

Founded by joint Managing Directors John Owen and Simon King, TD Travel provides travel management services to businesses across the UK and has grown over the past 28 years to four branches in Manchester, Liverpool, Leeds and Hull.

Champion has worked with the company for the past fifteen years, initially providing accountancy services, then later adding tax planning services in line with its growth and increasing profits.

Managing Partner and Head of Corporate Finance at Champion, Ged Cosgrove, led the negotiations with the management team on behalf of the Owner Directors, in addition to providing Corporate Finance advice. Group Tax Director, Gill Molloy provided financial and tax planning advice to the vendors.

Champion also supported Chris Moss and his team at JMW Solicitors, comprising Vicky Protano, Nina Latham and Alan Burns who provided legal advice throughout the deal process.

Former owner of TD Travel, John Owen, commented, “We are delighted after twenty eight years of building TD, to realise our goals and to leave the Company in the hands of an excellent Management Team to take the business forward with their plans for growth.


BACK TO NEWS PAGE »
Latest News

GUEST SPOT: Unlocking funding for your b...

July 30th 2019

At the Development Bank of Wales, we provide loans and equity investments to Welsh businesses, or th...

Champion’s first Ironwoman

July 29th 2019

Emma Bradfield, who works in our Audit & Accounts team in Manchester, competed in her first Iron...

Focus
management accounts

HOW WE HELP YOU Our Management Accounts service can be fully tailored to your nee...

corporate finance

Growing through acquisition is an exciting opportunity for your business, but fear o...

SPOTLIGHT ON R&D

Sevron Ltd

MQI Logo marketing1

Innovative software developers, Sevron Ltd, help businesses reduce risk in the workplace by creating specialist Health & Safety software systems.

Our Tweets

Champion Accountants

Growth Protection Core Support Menu
Contact