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Peru was the most popular destination offered by G Adventures as part of a National Geographic Journeys partnership.
Small-group tour operator G Adventures Wednesday said it has closed on an investment from New York private equity firm Certares that will position it for growth after the global pandemic.
The amount and terms of the investment were not disclosed, but G Adventures founder Bruce Poon Tip remains the controlling shareholder of the business.
Poon Tip said the investment enables the company to accelerate its pursuit of merger and acquisition opportunities [and] investments in shared services platform upgrades. I m extremely excited that our partners at Certares share our vision and believe in us to identify and realize incredible opportunities for our people, our business and our industry, Poon Tip said. They truly understand our company and are experts in the travel space.