Convex exclusively managed, structured and completed the majority sale of JFC Travel Group Co (trading as Jack’s Flight Club) to global travel deals publisher Travelzoo at a valuation of $20m.
Established by co-founders Mikhail Mayzenberg and Phil Wintermantle, Jack’s Flight Club is the UK and Europe’s largest cheap flights membership club. The company has grown rapidly since inception and in 2019 saved its 1.4m+members over $25m on flights.
“Convex Capital’s team was instrumental in helping us find the right acquisition partner quickly and guiding us through the entire transaction lifecycle. We know this deal would never have happened without their proactive approach.”
Mikhail Mayzenburg, Founder
