Hospitality and leisure Transaction services

Acquisition of Xtra Mile Events by Human Race Limited

26 April 2017

Moore Kingston Smith’s corporate finance team is pleased to have provided financial and tax due diligence services to Human Race Limited in connection with its acquisition of Xtra Mile Events Limited. Human Race is the largest and most diverse mass participation events company in the UK, with a portfolio of over 30 events each year. Xtra Mile, also a sports event company, organises a number of endurance events across Wales and Northern England — most notably, the Greater Manchester Marathon. The acquisition of Xtra Mile has strengthened Human Race’s position in the sporting event sector.

Michael Hedges, Finance Director at Human Race Limited comments: “We were very impressed with the final report and how the whole due diligence process was managed. We felt it went very smoothly and was managed professionally by the Moore Kingston Smith team. The report went in to a good level of detail and particularly we valued the work done on Race Entry Prices. We really enjoyed working with you all on it.”

Human Race is the UK’s leading mass participation events company, putting on over 30 events each year in triathlon, cycling, running, duathlon and open water swimming. Part of Amaury Sport Organisation (ASO), owners of Le Tour de France and the leader in the French running and sportive market, Human Race’s prestigious portfolio includes the Windsor Triathlon, Dragon Ride L’Etape Wales, the Cancer Research UK Winter Run Series and VitalityMove. The company also specialises in delivering bespoke corporate events, working with businesses such as JLL and Cisco.