Ropes & Gray Advises Inflexion on Reed & Mackay Sale
Ropes & Gray has advised Inflexion, a UK-headquartered private equity firm, and other shareholders (including the management team) on the sale of Reed & Mackay, a premium corporate travel management and events business, to TripActions, a US headquartered business travel and spend management platform.
Inflexion invested in Reed & Mackay in 2016, with Ropes & Gray advising the management team of Reed & Mackay on the deal. Since then, Inflexion has supported the company’s growth both organically and through acquisitions in the UK, Germany, France, Australia and the US. This included Reed & Mackay’s acquisitions of Gray’s Travel Management in 2017 and Hillgate Travel in 2018. Ropes & Gray advised Reed & Mackay on both of these deals.
The Ropes & Gray team was led by private equity transactions partner Elizabeth Todd and counsel Victoria McGrath in London. Other members of the team included: private equity transactions partner Bob Rivollier (New York), associates Nick Matthew, Moose Sarfraz and trainee associate Olivia Bennett (all based in London) and Samuel Levitt (New York); antitrust partner Ruchit Patel, counsel Lisa Kaltenbrunner, and associates Vincenzo Volpe, James Parkinson (all based in London); finance partner Alex Robb and associate Hoey Lee; tax partner Brenda Coleman and associate David Johns; data, privacy & cybersecurity associate Robert Lister and trainee Dorothea Weitzer (all based in London).