A MAJORITY share of On
the Go Tours has been sold
to Alcuin Capital Partners
for an undisclosed sum,
with the original founders
agreeing to stay on the
board of directors.
The London-based
company was set up
in 1998 and now has
offices in Brisbane and
Johannesburg as well as
representation in Canada,
New Zealand and the
UK, offering tours to 60
countries.
Alex Gonsalves, gm of
On The Go Tours in South
Africa, said the local team
were excited about the buyout,
which had taken nearly
a year to put in place. He
said the investment would
increase internal marketing
budgets and allow the
operator to grow its product
portfolio and update its
booking systems.
He explained that agents
would not experience any
changes to operational
processes.
Alex said the product
was showing growth in the
South African market since
the establishment of the
Johannesburg office a year
and a half ago. He told
TNW that the operator’s
South African sales had
grown by over 70% in the
past year.
On the Go Tours sells majority stake
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