Private equity group buys Queenstown’s Active Adventures

0

An Australian private equity consortium has bought Queenstown-based tour agency Active Adventures, with two of the former owners staying on the board.

The consortium, led by fund manager Blue Sky Alternative Investments, closed the deal on Tuesday, it said in a statement. It also includes Australian businessman Brett Godfrey, co-founder and former chief executive of Virgin Blue and current deputy chairman of Tourism Australia and Auckland International Airport, and Sydney-based investment banker Scott Malcolm, who founded independent corporate advisory firm Greenstone Partners in 2003.

Read more