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The Travel Business

News

The travel start-up backed by the three biggest VCs in Europe

Despite operating in a heavily competitive space, HouseTrip has raised $60 million of investment and is set firm on becoming the leader in the holiday rental market.

Mergers & Acquisitions

Take-private MBO for Anite Travel backed by LDC

A management buy-out worth £45 million has been closed by Anite Travel, the travel business of public company Anite.

Mergers & Acquisitions

Lift-off for No.1 Traveller as it secures funds to open new airport lounges

NVM Private Equity has looked to the leisure and hospitality industry for its latest investment and backed No.1 Traveller.

News

Key Travel MBO for ISIS Equity Partners continues prolific 2013 dealmaking

ISIS Equity Partners has closed its eighth investment of 2013, this time in the travel sector.

News

Merger between two travel companies set to create £100 million revenue business

LDC portfolio business TD Travel has closed a new acquisition and will be re-branding as part of the process.

News

Iglu.com buys Planet Cruise with help from private equity firm

Online ski and cruise agent Iglu.com has closed its first transaction since the business was packed by private equity firm Growth Capital Partners in May 2012.

News

Panoramic Growth Equity deal sees new backing and CEO arrive at Andante Travels

Fledgling investment firm Panoramic Growth Equity has closed its fifth deal and backed travel company Andante Travels.

News

Placing and acquisition for Hangar 8 as it lands purchase of International JetClub

AIM-listed Hangar 8 has closed a funding round and acquired International JetClub for £1.1 million.

News

HouseTrip adds Accel Partners as investor and locks up a further $40 million of funds

London-based holiday rental business HouseTrip has taken its total fundraising to date to $59.7 million (£37.3 million) after closing its Series C round.

News

Global Blue secures €1 billion price tag

Six months after the management team led a buy-out of the firm, Equistone Partners Europe has sold Global Blue to Silver Lake Partners.

Entrepreneurs

Setting up a travel business: Andrew Dunn

Andrew Dunn, who started up luxury tour operator Scott Dunn aged 22 with a £5,000 bank loan, has experienced some ups and downs on the way to building a £25 million turnover business.

News

The Only Scootercase

To provide city workers with a faster way of negotiating the crowds, US-based Hammacher Schlemmer has come out with the Only Scootercase, fusing a traditional scooter with the needs of today's business people.