Derby travel company Rayburn Tours has acquired Sports Tours Ltd – a tour provider specialising in UK tournaments and European tours for youth sports.
Sports Tours Ltd is based in Essex.
Rayburn Tours is a family business which provides educational, ski, and sports trips for schools. The company also offers concert tours for youth and adult groups. Following the acquisition, the combined business will now have an £18m turnover and over 40,000 passengers per year.
Jamie Boyden, Joint Managing Director of Rayburn Tours, commented: ‘We are delighted to have acquired Sport Tours as we are now ideally placed to expand our existing sports activity with sports tournaments and sport festivals throughout the UK and Europe.
‘The acquisition, along with Rayburn Tours’ strong organic growth, has resulted in our turnover almost doubling in the last four years. The continued expansion increases opportunities for our employees along with providing fantastic and memorable experiences for even more young people.’
Rayburn Tours was advised by Magma Corporate Finance and Nelsons corporate lawyers.