In the first quarter of 2020, the sale of Alo Spain Congress to Grupo Viajabien was agreed. BakerTilly Corporate Finance has advised the Alo Spain Congress shareholders in the transaction.
Seller: ALOSPAIN CONGRESS
Alo Spain Congress is a company that organizes congresses, corporate events and international incoming with presence in Madrid and Barcelona. Founded in 2005, the firm has a strong penetration in the Spanish Levant, actively covering Catalonia and the whole of the Valencian Region.Theycurrently have twodifferentbusinessareas: • Events & Incentives • Congresses
Investor: GRUPO VIAJABIEN
Grupo Viajabien was born as a tourist corporation in July 2009 and develops its activity in different business areas within the tourism industry, with a wide portfolio of services and clients(corporate trips,events organization...)
Transaction: ASSET DEAL
Transferring the goodwill and subrogation of the Alo Spain Congress staffb y Grupo ViajaBien
BAKER TILLY CORPORATE FINANCE:
Baker Tilly has adviced to Alo Spain Congress shareholders in the negotiations with the company´s management team.Ian Carbó has led the team as corporate finance senior.
Baker Tilly International corporate finance capabilities highlight cross border transaction advisory for clients doing business in multiple locations. Alo Spain Congress transaction is a Good example of it. Baker Tilly network, which extends across 145 territories, with 34,700 people working out of more than 746 offices.
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