Sale of Redfern Travel to global travel management company CTM

Deal typeM&A
IndustryBusiness Services & Leisure

BDO have advised on the sale of Redfern Travel to the Australian listed business Corporate Travel Management (“CTM”). Redfern specialises in online travel services to government and corporates across the UK.    

The deal will help accelerate the development of Redfern’s technology, products and services, as well as providing the opportunity to leverage CTM's increased buying power and scale in core markets.    

“We received fantastic hands-on support from BDO throughout the sale process. Their deep knowledge of the sector led to them identifying a buyer who was a natural fit and whose focus aligned perfectly with Redfern's strategic vision.”

Mark Bowers, CEO, Redfern Travel