Law firm Hill Dickinson has advised professional sports travel management agency Forward Travel on a £2 million equity raise and the acquisition of a leisure golf holiday provider.
Forward Travel’s acquisition of Find a Golf Break is expected to accelerate its expansion into the consumer travel market, while strengthening its core B2B operations.
Headquartered in Yorkshire, Forward Travel is an Arete Capital portfolio company with a specialism in professional golf and a growing footprint in other sports, including football. The company partners with professional athletes, tournament organisers and broadcast production teams to provide end-to-end travel management services for global events.
Its current client portfolio including DP World Tour, R&A, LET, LPGA, IMG and Whisper TV.
Corporate partner Elan Iorwerth led on the provision of legal advice to Forward Travel, assisted by associate Laurence Laidler.
Moments like this in a company’s growth journey are always exciting to work on. Forward Travel is not only backed by Arete but now has the funds from HSBC UK to help accelerate its plans and expand its operation into the consumer leisure market. We’re really looking forward to seeing the business grow and wish the team every success as they embark on this next ambitious step.Elan Iorwerth
Corporate Partner
Elan Iorwerth said: “Moments like this in a company’s growth journey are always exciting to work on. Forward Travel is not only backed by Arete but now has the funds from HSBC UK to help accelerate its plans and expand its operation into the consumer leisure market. We’re really looking forward to seeing the business grow and wish the team every success as they embark on this next ambitious step.”