Challenge:
- Travel Holdings is a leading consolidator and wholesaler of travel products
- Travel Holdings needed substantial capital to take advantage of significant growth opportunities that allowed the Company to expand its market reach
- Travel Holdings predecessor (LastMinuteTravel) needed representation in a potential merger transaction
Solution:
- Libra Securities conducted its due diligence and crafted marketing materials for potential investors
- Libra Securities contacted the right investors with the opportunity to invest in Travel Holdings and negotiated with interested investors on behalf of the Company
- Since May 2003, Libra Securities has worked with the Company to raise in excess of $40,000,000 in four rounds of financing
- Libra Securities also represented the Company’s predecessor (LastMinuteTravel) in the merger that created Travel Holdings