We’re excited to announce that Click Travel has been backed by the BGF (Business Growth Fund) with a multi-million-pound investment, following a sustained period of technological advances and new client wins.
The BGF is the UK’s most active investor in growing businesses, having invested £1.5billion across more than 230 businesses. Click Travel was elected based on the company’s potential for further growth – already validated by Click’s inauguration into Tech Nation’s Future Fifty programme, which boasts Deliveroo, AO and Skyscanner among its alumni.
Jill Palmer, CEO, Click Travel said: “Click Travel has grown rapidly in recent years thanks to a great product and brilliant people. Our mission has always been to reduce the cost and complexity of travel management, which has enabled us to drive the expansion of the business.
“BGF’s long-term approach is the right fit for our business model and our future plans. Equally important, we have got to know the Birmingham team, their ethos and culture well over the past two years. We are looking forward to working with them and connecting into their wider network.”
With the growing importance of user experience and duty of care for travellers, combined with the changes to distribution models presented by IATA’s New Distribution Capability, Click Travel’s new funding is further evidence that they have the resources and control to react fastest and deliver the benefits to their customers.
Following the announcement, Click Travel have promised no change in their vision or leadership team and reaffirmed their continued investment in theClick Travelbooking platform and ongoing commitment to providing industry-leading customer service.
Mark Freer, an investor at the BGF who will join the board of Click Travel, said: “Jill, Simon and James are a fantastic management team with a combination of deep market knowledge, creativity and professionalism. They have established a strong reputation across a loyal customer base and operate in a market with significant growth potential. We’re delighted to be backing them.”