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Simpson Travel raises £1.6 million through share placing

Operators
Will Payne
8 September 2021

Simpson Travel has reportedly raised around £1.6 million following its recent share placing.

Founder Graham Simpson said the outlook for travel "remains bright" and was "delighted that so many of our loyal clients have chosen to invest in our future"

The specialist tour operator plans to develop international partnerships and use some of the funds raised for acquisitions as it looks for potential agents and tour operators to add to its portfolio.
 
Founder Graham Simpson said despite the firm’s 2021 season being "severely hampered by the absence of a transparent travel policy", this is an "exciting time".