In a demonstration of the value of speed and effective collaboration, VB Group has successfully completed its acquisition of VIAP. The extraordinary speed of this transaction, accomplished in just six months, underscores the efficiency and effectiveness of the due diligence and negotiation processes.
VB Group, a renowned travel agency recognized for its dedication to providing travel experiences and offering 360-degree solutions for corporate travel, has expanded its operations with the acquisition of VIAP. The two companies will merge their expertise and resources to realize a new era of growth, synergy, and national expansion.
VIAP is a member of the Uniglobe global network, which spans more than 70 countries. In addition to its strong national client base, particularly in Catalonia, the new business area will consolidate its presence by offering innovative global mobility solutions, capitalizing on VIAP’s client base and expertise. Simultaneously, it will provide value through digitalization, flexibility, and global reach with localized service, consistently improving planning and management.
Taking on the role of advisors for the seller, teamOn Corporate Finance carried out an essential part in ensuring the transaction progressed smoothly and efficiently. The collaboration between VIAP and teamOn Corporate Finance demonstrates the ability to navigate complex deals with precision and speed.
The acquisition not only elevates the VB Group into the ranks of the top 10 agencies in the industry but also positions VB Group as the 6th largest agency by turnover in Spain. This achievement is a testament to the dedication and efficiency displayed throughout the merger process.
VB Group’s vision for the future involves the integration of VIAP’s team of 16 professionals in Catalonia with the existing team at the Madrid headquarters. The focus will be on addressing the diverse needs of companies within business travel and corporate event management, promising innovative and tailored solutions.
The acquisition of VIAP by VB Group stands as a testament to the power of collaboration, efficient deal-making, and a shared vision for the future of business travel in Spain. It sets an impressive benchmark, demonstrating that dedication and agility can result in swift and smooth M&A transactions.
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