Ashcombe is delighted to announce that it has supported SilverRail in taking a significant investment from Expedia who will take majority control of the Company.
SilverRail is the first global rail ticket retailing & distribution platform, and represents a strategic asset for Expedia which sees Rail as a key area of travel innovation. The investment and partnership will allow SilverRail to accelerate its development plans whilst also opening a number of strategic opportunities.
Ashcombe has partnered SilverRail for over 5 years during which time they have helped the business explore a number of opportunities. Aaron Gowell, CEO of SilverRail, commented, “Ashcombe’s straight forward and discrete approach has made them a trusted adviser across a number of areas of our business.”
Simon Bullivant of Ashcombe added: “We are delighted for SilverRail who we have thoroughly enjoyed working with. This partnership with Expedia will unlock huge value between the businesses and help drive innovation through the global rail industry.”