A&K Travel Group Ltd has announced an equity partnership with Santiago Dunn and his company, Ecoventura, a leader in sustainable travel in the Galapagos Islands. The partnership foresees an equity investment in Ecoventura as well as the creation of a joint venture, headed by Santiago Dunn in his new role as CEO of A&K South America.
Manfredi Lefebvre d’Ovidio, Co-Chairman of the A&K Travel Group said his history with Dunn dates back to 2009 when he owned Silversea Cruises, and that Dunn was a “good partner” for the luxury cruise line.
“I look forward to working with him on A&K’s ambitious expansion plans in the region,” Lefebvre d’Ovidio said.
Geoffrey Kent, Co-Chairman of the A&K Travel Group, added: “I have many heart-warming memories of trips to Ecuador and cannot wait to go back with my children to see the incredible wildlife.
“Through A&K Philanthropy, we will be working to ensure that A&K and Ecoventura help to protect the islands for future generations, while supporting the local community. The Galapagenos share their natural heritage with our guests and we are committed to giving something back.”
“Santiago is a dear friend and a travel guru who I highly respect,” added Cristina Levis, CEO of A&K Travel Group. “We started working together in 2012 when I led the acquisition of Canodros. After I left Silversea in 2017, we spent time together on his numerous sales trips to Europe. Those who know me well are aware that I consider Ecuador my second home and that I have missed my visits – and how warmly I was always welcomed in Guayaquil and Quito.
“The Galapagos Islands are a paradise on earth that I believe each person on the planet should visit at least once in their lifetime,” Levis added.
In a statement, A&K Travel Group said due to extensive internal experience with mergers and acquisitions, and a deep understanding of operations in the Galapagos, A&K Travel Group chose not to use external financial advisors but to leverage the expertise of Andrew Burrett, CFO, and Camille Drevillon, Chief of Staff, who have been instrumental in structuring this transaction.
Santiago Dunn, CEO of Ecoventura, described how the relationship developed.
“I met Manfredi Lefebvre over a decade ago and as I got to know him and his fantastic team, I developed great respect for his vision for the future. When you combine that with the influence of Geoffrey Kent and A&K’s worldwide reputation, plus the 360-degree scope and 24/7 attention to detail with Cristina Levis at the helm, I am confident that our knowledge and experience will quickly translate into a portfolio of luxurious adventures across Latin America in partnership with local communities,” Dunn added.