Luxury operator Jacada Travel has collapsed into administration, with KPMG appointed to handle the business’s affairs.
The company, founded in London in 2007, employed 52 members of staff and sold to a predominantly US customer base.
KPMG’s restructuring practice was appointed on Wednesday (27 May) with certain assets of the company sold to Wilderness Safaris.
Wilderness will contact all Jacada customers who have an existing holiday booking to discuss taking these bookings forward. Customers are advised to visit jacadatravel.com/update-faqs for more information.
The agreement does not include the transfer of employees, with all members of staff made redundant.