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1 December 2016Press Releases
James Cowper Kreston Corporate Finance has successfully advised Action for Charity (comprising two companies; Dream Challenges and Action Events) on the disposal to Specialist Tours Limited (“STL” or “the Acquirer”).
Based in Lymington, Hampshire, AFC has been providing a successful fundraising event management services to a range of UK charities. The Company manage overseas cycling and trekking challenges along with a large portfolio of tailor made adventure events within the UK, including Ride the Night, Women v Cancer and Race the Sun.
Based in Salisbury, Specialist Tours owns a number of travel brands that provide small group, expert led tours to 80 destinations worldwide. The disposal of AFC to STL will allow them to add another specialist brand to their well established group which will support their future growth strategy.
Ann Frampton Director of Action for Charity commented "James Cowper have been fantastic throughout the process and delivered us a result substantially ahead of our expectations. Stewart and his team were diligent throughout and clearly explained what to expect during the process. We would be very happy to recommend James Cowper to any company owner looking to sell their business”.
Stewart Lambert, Partner of James Cowper Kreston Corporate Finance added “We are delighted to have advised Ann on the disposal of AFC to Specialist Tours. The addition of AFC has allowed Specialist Tours to continue to build on their portfolio and I am sure they have plans to accelerate the growth of AFC and build on the success of Ann and her team”.
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