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Markets Update: December 2024

As we close out 2024, the U.S. and European markets continue to demonstrate strong performance, particularly in the tech and digital marketing sectors.

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Accord MD, Maria Payne, shortlisted for AWTE (Association of Women Travel Executives) Mentor of the Year Award

This award celebrates mentors who have made a profound impact by guiding, supporting, and inspiring others to achieve their full potential.

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Unique Vacations UK Ltd. Appoint Accord Marketing as Agency Partner

We are excited to announce that Accord has been chosen to be Sandals' UK Marketing Agency. We look forward to begin working together and to acheiving great success under this new partnership.

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About Us

Conrad is a successful and respected name in the marketing services sector. Started in 1988, we have grown organically and by acquisition.

Family owned and operating primarily in travel, tourism and hospitality marketing, our longevity and many achievements are the result of an honest approach, reliability, adaptability and future-thinking.

We are searching for acquisition and investment opportunities to drive growth and deliver consistent stakeholder value.

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Years of Successful Growth

Established in 1988, re-born in 2024. Our next chapter will build on years of successful acquisitions, partnerships and relationships that are win-win.

12+

Successful Acquisitions

Our approach is straightforward: symbiotic relationships + matching cultures + aligned objectives = greater success.

15+

Awards & Accolades

Our talented, hard-working teams and deserving clients make these awards possible. We’re always humbled and grateful for recognition, but we’d still like more!

Conrad exists to acquire, invest-in and operate marketing services businesses making a difference for their clients and their people, working mostly in the travel, tourism, hospitality and associated sectors.

Proudly Independent

Established in 1988 as Conrad Advertising, we are a family-owned and run business. Our structure enables us to make decisions quickly and effectively for the benefit of our clients, partners and people.

Results Focused

We are in the ‘results’ business. Placing an emphasis on producing positive results in everything we do, means we can deliver best value for our stakeholders.

A Creative Approach

We aren’t tied to the way things have always been done. We consider alternative ideas, different thinking and innovative new ways to do business better.

Collective Experience

We are a multi-generational team with significant collective experience. Whilst there is no template, we have done this before and know trust, collaboration, flexibility and transparency make for successful business deals.

Our team brings a range of skills and knowledge to all the processes involved in buying and selling companies in our sector, providing a stress-free, transparent and trustworthy approach.

Our Team

After a start in retail and three years in real estate in the US, David began working in the travel industry.

In 1988, he opened Conrad Advertising. The business grew organically and by acquisition, eventually becoming Accord Marketing, a digital marketing agency specialising in travel and tourism.

David chairs the recently re-named holding company, Conrad Group Holdings. It is the vehicle with which he and the team are building a group of synergistic and exciting companies that are profitable and resilient, providing opportunities and returns for everyone involved.

David Sitwell

Chairman

After a start in retail and three years in real estate in the US, David began working in the travel industry.

In 1988, he opened Conrad Advertising. The business grew organically and by acquisition, eventually becoming Accord Marketing, a digital marketing agency specialising in travel and tourism.

David chairs the recently re-named holding company, Conrad Group Holdings. It is the vehicle with which he and the team are building a group of synergistic and exciting companies that are profitable and resilient, providing opportunities and returns for everyone involved.

Jack spent seven years in VC-backed, early-stage technology, digital and media businesses ranging from outdoor advertising to AI.

His experience in operations, commercial structuring, fundraising and tech will prove valuable to sellers and those remaining with their business post-acquisition.

Jack Sitwell

Investment Director

Jack spent seven years in VC-backed, early-stage technology, digital and media businesses ranging from outdoor advertising to AI.

His experience in operations, commercial structuring, fundraising and tech will prove valuable to sellers and those remaining with their business post-acquisition.

After earning his degree at Northeastern University in Boston, Louie spent ten years in creative, marketing and media-buying companies. He has worked both client and agency-side for large and small businesses, including Accord.

A recent graduate of the Chartered Management Institute, Louie is now using his experience and learnings to research, plan and strategise potential acquisitions and investments.

Louie Sitwell

Investment Director

After earning his degree at Northeastern University in Boston, Louie spent ten years in creative, marketing and media-buying companies. He has worked both client and agency-side for large and small businesses, including Accord.

A recent graduate of the Chartered Management Institute, Louie is now using his experience and learnings to research, plan and strategise potential acquisitions and investments.

Peter is the CFO of Conrad as well as the Financial Director of Accord Marketing, bringing with him over 25 years of experience at senior management and board level,

Peter is a skilled financial director with a proven track record in mergers, acquisitions, start-ups and disposals, as well as commercially focussed day-to-day financial management and strategy. Listed as one of Finance Week’s Top 100 UK Finance Directors in 2006.

Peter Clark

Chief Financial Officer

Peter is the CFO of Conrad as well as the Financial Director of Accord Marketing, bringing with him over 25 years of experience at senior management and board level,

Peter is a skilled financial director with a proven track record in mergers, acquisitions, start-ups and disposals, as well as commercially focussed day-to-day financial management and strategy. Listed as one of Finance Week’s Top 100 UK Finance Directors in 2006.

Advisory Board

Sally was a Director of Associated Newspapers for almost twenty years. She then ran her own management consultancy, earning an Advanced Diploma in Professional Coach-Mentoring, and has been CEO of Accord Marketing for the past ten years.

A beacon for women in business, Sally brings with her over forty years of operational and client experience.

Sally Winfield

Advisory Board Member

Sally was a Director of Associated Newspapers for almost twenty years. She then ran her own management consultancy, earning an Advanced Diploma in Professional Coach-Mentoring, and has been CEO of Accord Marketing for the past ten years.

A beacon for women in business, Sally brings with her over forty years of operational and client experience.

Tim has more than thirty-five years of experience in mid-market private equity with 3i, RBS private equity and latterly LDC, where he was a managing director.

As well as co-founding ClearlySo, Europe’s leading impact investment bank and serving as a non-executive director for ten years, he is also Chair of the Investment Committee for Big Issue Invest and a principal at PCB Partners.

A Cambridge Economics Graduate, and all-round good guy, we are proud to have Tim as a member of the team at Conrad.

Tim Farazmand

Advisory Board Member

Tim has more than thirty-five years of experience in mid-market private equity with 3i, RBS private equity and latterly LDC, where he was a managing director.

As well as co-founding ClearlySo, Europe’s leading impact investment bank and serving as a non-executive director for ten years, he is also Chair of the Investment Committee for Big Issue Invest and a principal at PCB Partners.

A Cambridge Economics Graduate, and all-round good guy, we are proud to have Tim as a member of the team at Conrad.

Sean is the Founder and Chief Executive Officer of Fortitude Advisors. He has 29 years of professional experience and has been focused on investment banking for the last 27 years.

Over the course of his career, he has personally executed dozens of successful M&A, equity and debt transactions for leading middle market companies. He has advised clients across the U.S. and internationally, including Europe, Latin America, Asia and the Middle East.

We are delighted to have Sean’s skills and experience as part of team Conrad.

Sean Kelly

Advisory Board Member

Sean is the Founder and Chief Executive Officer of Fortitude Advisors. He has 29 years of professional experience and has been focused on investment banking for the last 27 years.

Over the course of his career, he has personally executed dozens of successful M&A, equity and debt transactions for leading middle market companies. He has advised clients across the U.S. and internationally, including Europe, Latin America, Asia and the Middle East.

We are delighted to have Sean’s skills and experience as part of team Conrad.

Conrad can provide a secure home for profitable and growing travel, tourism and hospitality focussed marketing agencies.

Our experienced and open approach creates an environment to better enable group businesses to succeed, provide great places to work and grow stakeholder value.

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