Demonstrating the value of speed and effective collaboration, VB Group has successfully completed the acquisition of VIAP. The extraordinary speed of this transaction, completed in just six months, underscores the efficiency and effectiveness of the due diligence and negotiation processes.
VB Group, a renowned travel agency recognized for its dedication to providing travel experiences and offering 360-degree solutions for corporate travel, has expanded its operations with the acquisition of VIAP. The two companies will combine their expertise and resources to realize a new era of growth, synergy and national expansion.
VIAP is a member of Uniglobe global network, which spans more than 70 countries. In addition to its strong national customer base, especially in Catalonia, the new business unit will consolidate its presence by offering innovative global mobility solutions, capitalizing on VIAP's customer base and expertise.
At the same time, it will offer value through digitalization, flexibility and global reach with localized service, consistently improving planning and management.
In its role as advisor to the seller, teamOn Corporate Finance played a key role in the smooth and efficient execution of the transaction. The collaboration between VIAP and teamOn Corporate Finance demonstrates the ability to navigate complex deals with precision and speed.
The merger not only elevates the newly formed entity into the ranks of the top 10 agencies in the industry, but also positions VB Group as the 6th largest agency by revenue in Spain. This achievement is a testament to the dedication and efficiency demonstrated throughout the merger process.
VB Group's vision for the future includes the integration of VIAP's team of 16 professionals in Catalonia with the existing team at the Madrid headquarters. The focus will be on meeting the diverse needs of companies within B2B travel and corporate event management, promising innovative and customized solutions.
VB Group's acquisition of VIAP is a testament to the power of collaboration, efficient deal-making and a shared vision for the future of B2B travel in Spain. It sets an impressive benchmark and demonstrates that commitment and agility can lead to quick and smooth M&A transactions.