The Deal
Sunday, November 22, 
10:26 am

TAG brings in ex-Lehman guy for M&A role

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JDOharaBig.png Travel Acquisitions Group, formerly a portfolio of Carlson Cos. known as Carlson Leisure Group, enlisted J.D. O'Hara to serve as the company's new senior vice president of corporate development, with a mandate to seek M&A opportunities. O'Hara hails from investment bank Lehman Brothers Inc., where he advised clients and financial sponsors on mergers and acquisitions, leveraged buyouts, asset purchase/divestitures and capital market transactions.

In the announcement, TAG chairman and CEO Michael Batt sounds ready to acquire: "We make no secret of our ambition and growth plans. We intend to significantly grow our own and our franchisees' businesses and play a major role in the further consolidation of our industry."

Most recently based in New York, O'Hara worked in Lehman's investment banking division in the global healthcare group. Before that, he served in the same division as part of their global financial sponsors group. And from 2000 through 2003, he was vice president of corp dev for an affiliate of Rogers Communications Inc. in Toronto.

Minneapolis-based Travel Acquisitions Group was formed in January when travel and hospitality giant Carlson sold its Carlson Leisure Group to the management team led by Batt. - Baz Hiralal

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