Sidley is representing funds managed and/or advised by the subsidiaries of Apollo Global Management, Inc. (the “Apollo Funds”) in their acquisition of The Travel Corporation (“TTC”), a family-owned business which boasts a global portfolio of exceptional, market-leading travel brands.
TTC has been privately owned and operated for more than a century. The transaction is composed of 18 leading travel brands, including Trafalgar, a leading escorted tour operator; Uniworld Boutique River Cruises, a luxury all-inclusive river cruise line; Contiki, youth travel specialist tour company; premium guided vacation company, Insight Vacations; as well as other global travel brands and supporting business entities.
The transaction is subject to satisfaction of certain closing conditions, including regulatory approvals, and is expected to close in the fourth quarter of 2024.
The Sidley team was led by Ramy Wahbeh and Tanya Indisova (M&A and Private Equity) and included Kaisa Kuusk, Dirk W. Andringa, Ed Perry, Charlie Wilson, Karim S. Pirani, Ryan M. Hicks, Filippo Durazzo, Ying Liu, Ryan Lim, Camilla Tagliabue, Andrew Lecky, Pedro Sacadura Botte, Stanley Amoah, Rachel Ang, Jahanzeb (JJ) Jahania, Joanna Janica, Taylor B. Shuman, paralegal Zach Garmisa, paralegal Denise M. Kerschhackl, and project assistant Lynn S. Horowitz (M&A and Private Equity); Jason Menzies, Eric M. Grosshandler, Ellie Verran, Avi Kaye, and trainee solicitor Ryan Power (Tax); Lauren A. Gallagher, Cathryn Le Regulski, Peter McCorkell, Alex Down, Sara E Salmonson, and trainee solicitor Drew Burkey (Labor, Employment and Immigration); Raymond Oh and Ammo Chan (China Corporate and Finance); Terence (Terry) M. Hynes and Bart J. Biggers (Energy, Transportation and Infrastructure); Alessandra Moroni (Global Arbitration, Trade and Advocacy Litigation); Daniel Lindsey, Wilfred Ong, paralegal Jennifer N. Merchant, and paralegal Joanna C. Soltman (Global Finance); Stephen M Fronk, Dusan Clark, Natalie T. Crawford, and IP transactions specialist Raza A. Siddiqui (Technology and Life Sciences Transactions); Rachpal K. Thind and Leonard Ng (Financial Institutions – Banking and Financial Services); and Jonathan Lafferty (Commercial Litigation and Disputes).
