BDO head hints at Audley Travel sale

BDO head hints at Audley Travel sale

Audley Travel, which was sold for £95 million three years ago, will be sold again for £200 million later this year, ITT overseas conference delegates heard today.

The disclosure came from BDO head of mergers and acquisitions, Peter Hemington.

Private equity investors Equistone Partners Europe took a stake in Audley Travel in 2012.

The Oxfordshire-based company, founded as Asian Journeys in 1996, specialises in tailor-made tours and safaris.

The operator, which has annual revenues of £150 million, opened its first US office in Boston and a London base last year.

It employs 350 people and is headed by chief executive Ian Simkins.

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