Purchase by Wilderness Safaris of certain assets from KPMG, acting as administrators of Jacada Travel

    Submission Date: 15/06/20

    Completion Date: 27/05/20

    Target:­­ Certain assets of Jacada Travel

    Value: Confidential

    Acquirer:Wilderness Safaris

    Deal Description: Wilderness Safaris acquired certain assets of the Jacada brand to provide stability, sustainability and greater access to global connections for Jacada’s clients. It was negotiated in a very short time scale in very difficult trading circumstances for the sector.

    Corporate Funding: Client’s working capital

    Corporate Finance Advisers:KPMG as administrators

    Legal Advisers:IBB acted for Wilderness, Keystone Law acted for the Administrators