Foresight Group Completes £1.3million Investment In EverTrek

Sustainability led alternative assets and SME investment manager, Foresight Group (Foresight), has invested £1.3 million in an online travel firm, EverTrek in its latest transaction, supported by our Corporate & Private Equity team.

This transaction marks the first major equity investment for the Investment Fund for Wales (IFW), since its launch. The £1.3 million co-investment in EverTrek, a ‘hard adventure’ travel firm, comes only nine weeks after the launch of IFW, back in November 2023.

Foresight has been backing innovation that drives progress across sectors since 1984. Our Corporate & Private Equity experts Gareth Williams-Davies and Sara De Rinaldis assisted by Jordan Thomas, Sara Thomas, Nadira Islam and Freya Piper worked closely with the Foresight team to support them throughout this significant investment.

Specialising in the high-altitude holiday market, Caerphilly-based EverTrek is known for its proactive approach to sustainable tourism, aligning well with Foresight’s values on sustainability. As their first investment round, it has already enabled the creation of five new skilled jobs, the establishment of a Hereford-based office and the expansion of the selection of tour experiences across the globe. The investment package also includes support through the appointment of Chairman, Gordon Mathie, a sector specialist and experience-led travel sector specialist advisory group, The Firebird Partnership.

 John Cordrey, Private Equity Principal at Foresight commented:

Gareth, Sara & the team at Capital Law have been a huge support for us in getting this deal done. Their advice, knowledge and project management have been invaluable. The team have been a real pleasure to work with and we look forward to working together again soon.

Gareth Williams-Davies, Capital Law’s Corporate & Private Equity Partner, said:

It has been fantastic to be a part of such a significant investment for Foresight being the first from the IFW fund. Coming only nine weeks after the fund launch, the transaction is the first of many for Foresight and we’re excited to continue to work with Foresight on some of their upcoming transactions and hopefully many more in the future.