In November 2021, AHI International Corporation (“AHI” or “the Company”) was acquired by Certares Management, LLC (“Certares”).

Duff & Phelps, A Kroll Business, served as the exclusive financial advisor to AHI in connection with the transaction.

About AHI International Corporation
Founded in 1962, AHI is a leading operator of guided land and river journeys for education-based affinity groups such as alumni associations, museums and cultural institutions. AHI designs differentiated travel programs that cater to the interests of its top-tier client organizations. All carefully crafted programs feature a strong educational component led by a multi-lingual network of travel directors. 

About Certares Management, LLC
Established in 2012, Certares focuses on direct investments in proprietary transactions, leveraging deep sector experience in the travel and hospitality industries, and with a consistent emphasis on partnership with management teams to drive growth. Certares brings together a team with decades of both operational and investment experience in private equity, travel, tourism, hospitality and travel-related business and consumer services.