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 ยป
Latest News

The hidden pitfalls of Government COVID-...

July 2nd 2020

Throughout the Coronavirus pandemic, we have remained committed to clients to help them navigate the...

Update on CJRS and SEISS

June 24th 2020

Furlough Update We are about to enter a phase where the changes to the Furlough scheme, announced b...

Focus
management accounts

Xero | Making Tax Digital Why Xero accounting is the digital tax platform for you ...

management accounts

Sage Business Cloud | Making Tax Digital Why Sage Business Cloud or Sage 50cloud is...

SPOTLIGHT ON R&D

Procter's Cheeses

Procter's Cheeses

Leading cheese manufacturer, Procter's Cheeses, has been developing its products for almost 30 years and produces more than 200 tonnes of cheese each year.

Our Tweets

Champion Accountants

Growth Protection Core Support Menu
Contact