Schofield Sweeney corporate team advises on U.S acquisition
Schofield Sweeney has advised Halifax-based YES (Your Event Solutions) on their acquisition by one of the fastest-growing travel retail companies and service providers in North America, Travel Leaders Group.
YES is an award-winning MICE (meetings, incentives, conferences and exhibitions) business with global meetings and full-service event expertise with a reputation for high quality, personalized service.
The addition of YES complements Travel Leaders Group’s growing presence in the Meetings & Incentive marketplace and will provide both firms with additional geographic reach and meetings expertise.
Steven Millward, who led a team of lawyers at Schofield Sweeney, including Jessica Fielden (Corporate) and John Feaster (Tax), commented, “Having advised Sue and Mark Gill as a firm for a number of years, it was a pleasure working with them to deliver this transaction. We wish YES continued success and look forward to seeing the business develop and grow as part of the Travel Leaders Group”.
YES provides a range of corporate event solutions from individually-tailored venue sourcing, meetings and training events to executive conferences, large-scale exhibitions, product launch events and incentive travel programmes in all locations globally.
YES will retain its brand and no major operating changes are anticipated at the company.
After having founded and led the company for the past 18 years, Sue Gill said, “From humble beginnings, we are now part of one of America’s largest travel companies. I’m excited for our future together.”
“Becoming part of Travel Leaders Group gives us a broader platform of service offerings to provide to our existing and new clients including technology solutions, as well as corporate, entertainment and leisure travel offerings and expertise. Our team is excited about the opportunity to share expertise and to expand on the YES brand’s reputation in North America and beyond.” Said Mark Gill
With an estimated $20 billion in annual gross travel volume worldwide, Travel Leaders Group is one of the fastest-growing travel retail companies and service providers in North America and the United Kingdom.
David Butterworth of Wheawill & Sudworth provided accounting and taxation advice.