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Intrepid Travel buys out $100m+ revenue firm to complete largest-ever acquisition

Operators
James Chapple
21 April 2026

Intrepid Travel has completed its largest-ever acquisition, one it believes will strengthen its footprint in mainland Europe and allow it to expand into new markets.

Intrepid Travel has completed the largest acquisition in its history
(Credit: Intrepid Travel)

Intrepid Travel has completed the largest acquisition in its history (Credit: Intrepid Travel)

Melbourne-headquartered Intrepid has bought out French adventure travel outfit Altai Group; the group had previously been owned by the investment company belonging to Intrepid shareholder Julien Leclercq, who also chairs global sporting and outdoor goods retailer Decathlon.

Intrepid said the deal would extend its footprint in France, one of Europe's largest adventure travel markets, and open up new French-speaking markets.