Submission Date: 15/06/20
Completion Date: 27/05/20
Target: Certain assets of Jacada Travel
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