ABTA’s Mergers and Acquisitions event in May 2018 brought together finance professionals from organisations within the travel industry. Delegates heard from experts who discussed current M&A trends within the travel industry, what key considerations need to be thought about in preparation for consolidation and the practical challenges associated with M&A.
Emma Milgate is an Associate Director at ABTA Partner RSM who partnered with us on the event, below Emily discusses her key takeaways from the seminar.
On 16 May 2018, over 70 people from the travel industry arrived at RSM HQ for the first ever ABTA M&A Conference. The event provided us and the other delegates with the opportunity to hear from a range of speakers on different topics focused on mergers and acquisitions in the travel and tourism sector.
As attendees we had the opportunity to absorb valuable information about what to think about if you are acquiring or selling a travel business, and we also had the opportunity to ask questions of the businesses attending and the speakers themselves. We were able to quiz speakers from travel businesses who have been through a merger or acquisition transaction as well as asking questions of a private equity firm, which gave us an understanding of both sides of the transaction process.
The agenda covered many areas including an overview of industry trends, the current M&A climate, the various considerations a business needs to consider when looking at a merger or acquisition, and insights from those who have completed a transaction.
The key takeaways for us were:
The day proved to be a great success delivering insights and providing the attendees with food for thought when considering a merger or acquisition. As members of the RSM Travel and tourism sector group we believe this is an exciting time for the industry and look forward to meeting many more travel businesses over the next few months.
This event is part of a wider portfolio of travel events that ABTA hosts. Other finance events coming up this Autumn are:
A Complete Guide to VAT and TOMS in Travel:
For more information and to register visit abta.com/events.