Blake Morgan advises Ovation Travel Group on acquisition of Chartwell Travel
Leading national law firm Blake Morgan has advised travel management business Ovation Travel Group, Inc. on their acquisition of Chartwell Travel Limited.
Headquartered in the US, Ovation provides comprehensive travel management solutions to professional and service-oriented businesses. This is their first acquisition outside of the US and an important step in their plans for international growth.
London-based Chartwell specialises in organising travel for entertainment, film, television and news production companies. The business will serve as Ovation’s base for luxury leisure and independent corporate travel advisors in the UK. The synergy of the two businesses will offer a high-touched managed travel offering to their business clients.
The Blake Morgan team who advised on the deal was led by partner Stojan Essex supported by commercial lawyers Michelle Lawlor-Perkins and Niall Daws.
Paul Metselaar, chairman and CEO of Ovation Travel Group, commented: 'The team at Blake Morgan were consummate professionals who demonstrated strong commercial awareness of the travel industry that ensured the transaction was efficient and completed against a tight deadline. This was an important deal for Ovation, and I would like to thank them for getting it across the line."
Commenting on the transaction, Stojan Essex, said: "The deal between Ovation and Chartwell will take the group in an exciting strategic direction and we were very pleased to have guided them through the legal process. We wish both parties every success for the future."
Blake Morgan has an enviable reputation for building lasting relationships with businesses and the people who run them. The corporate team is acknowledged within the legal industry and in the independent legal directories, for providing a first-class level of service across a wide range of transactions including mergers, acquisitions, sales, private equity and joint ventures.