Ashcombe is pleased to announce that it has advised VSC, the ticketing division of SNCF (the French state-owned rail company) on an acquisition of Loco2 (a pan-European rail ticketing business).
The acquisition will allow Loco2 to accelerate the development of its search and booking technology while also strengthening VSC's position in European rail ticketing. As part of the transaction Loco2’s founders – Jamie and Kate Andrews – will stay with the business.
Simon Bullivant, Founding Partner of Ashcombe, said: “Loco2 is a great business and the partnership with VSC should allow both businesses to accelerate their plans. We look forward to watching their progress.”