Intrepid Group has announced a strategic investment that will see the company take a 40 percent stake in RAW Travel.
The Australian-owned company, which specializes in tailor-made and self-guided walking adventures, will remain independent of Intrepid, with co-founders Dave and Mel Reynoldscontinuing to have complete autonomy in the day-to-day operations of RAW Travel.
Intrepid co-founder Darrell Wade will join the RAW Travel board as part of the deal, which is effective immediately.
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