We have advised Manchester-based travel agency, Sports Tours International, on the acquisition of golf tour operator, Golf Holidays Direct.
Founded in 1973 and owned by the family of BetFred chairman Fred Done, Sports Tours International is a global market leader in running and cycling travel. It has experienced year-on-year growth for the last three years, doubling in size since 2021.
The acquisition of Golf Holidays Direct forms part of its strategy to create the UK’s largest sports travel group and raise Golf Holidays Direct’s market position. Golf Holidays Direct will continue to operate from its existing headquarters in Stevenage, with founder Lewis Remington remaining in post as managing director.
Our team was led by partner and head of the Corporate Platform, Charles Glaskie, supported by corporate solicitor Harry Davies, corporate trainee solicitor Oliver Kneale and tax solicitor Rachel Palmer.