Mobeus Backs Management Buyout of Distant Journeys
May 16, 2024
Mobeus has invested £15.2 million to support a management buyout of Distant Journeys, a UK-based specialist in long-haul escorted tours. The funding will support geographic expansion into new destinations and operational improvements (sales and customer engagement systems), with MD Simon Whittle remaining in place and several experienced industry executives joining the management team and board.
- Buyers
- Mobeus
- Targets
- Distant Journeys
- Industry
- Transportation
- Location
- Lancashire, United Kingdom
- Transaction Type
- Buyout
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