BGF backs Click Travel

The business will invest in product development upon completion of the deal, while BGF investor Mark Freer will take a seat on the Click Travel board of directors.

According to a statement issued by the GP, Click Travel has averaged a growth rate of 30% per annum since 2012.

Company
Founded in 1999 and headquartered in Birmingham, Click Travel is an online business travel agent. The platform enables people to manage accommodation and travel bookings, in addition to integrating meeting and event scheduling.

The business also provides its proprietary technology, Travel.Cloud, on a software-as-a-service basis to SMEs.

People
BGF – Mark Freer, Aaron Baker, Will Copeland, Tim Rea (investors).
Click Travel – Jill Palmer (CEO); Simon McLean (chief technology officer); James McLean (chief financial officer).

Advisers
Equity – Browne Jacobson (legal); Claritas (tax).
Company – PwC (corporate finance); Eversheds Sutherland (legal).

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• Topics
• Expansion
• UK / Ireland
• Consumer
• Technology
• United Kingdom
• BGF (Business Growth Fund)
• Eversheds
• PwC