Targe Capital, a private equity firm managed by Gary MacDonald and Greg Fury, has purchased a 40% stake in Go2Africa, signalling a change in shareholders and the start of a new phase for the company.
Founder and Chairman of Go2Africa, Mark Preyer, said: “Go2Africa is going through an expansion phase with investments in strategic projects. Targe brings a critical investment perspective and access to capital, enabling Go2Africa to focus on its core business while developing projects, one of which will be a game-changer in the bespoke travel industry.”
Go2Africa CEO, Gary Lotter, said: “Go2Africa is a leading brand at the forefront of luxury African travel and I look forward to working with the new shareholders as we enhance our core business and launch new developments into the African travel industry.”
