NEWS & VIEWS

Global private equity and venture capital news and research

Posts Tagged ‘travel industry’

25 June 2013

Club Med board approves improved offer from AXA and Fosun

Club Mediterranee’s board has accepted a sweetened bid of €17.50 per share from private equity firm AXA and Chinese conglomerate Fosun International. AXA and Fosun, which collectively hold a 19.33 per cent stake in the business, previously offered €17 per share for the French resort operator, valuing it at €556m. Some of Club Med’s shareholders[...]

18 June 2013

Gimv, Iris Capital back travel agency Planetveo with €15m

Gimv and Iris Capital made a joint €15m investment in Paris-based online travel agency Planetveo, which posted an 83 per cent increase in revenues to €40m last year.

1 February 2013

Oakley Capital makes 3.6x return on Emesa exit

emesa_sq Oakley Capital Investments has sold Emesa, the online holiday booking company it bought less than two years ago, to Netherlands-based Cyrte Investments.

28 January 2013

Zurich-based Capvis enters tourism market with Nicko Tours dealp

nicko_sq Capvis has agreed to buy a controlling stake in Switzerland-based river cruise operator Nicko Tours, marking the Zurich-based private equity firm’s first investment in the tourism sector.

28 January 2013

AXA Private Equity, Permira-backed Odigeo refinances senior debt

Odigeo, a portfolio company of AXA Private Equity and Permira and Europe’s largest online travel agency, has placed €325m of bonds in a bid to refinance its senior debt.

14 January 2013

CVC, RBS further sell down stake in luggage maker Samsonite

CVC Capital Partners and RBS are reported to have raised an additional $290m after further selling down their stake in Samsonite International, the Hong Kong-listed luggage company.

10 January 2013

Apollo, TPG-backed Norwegian Cruise Line files for $400m US IPO

boat1 Norwegian Cruise Line, the world's third-largest cruise line operator backed by US buyout firms Apollo Global Management and TPG Capital, is looking to raise $400m through a US public offering.

2 January 2013

Oakley Capital to sell Emesa to Cyrte Investments

emesa_sq Oakley Capital Investments has agreed to sell Emesa, the online holiday booking company it bought less than two years ago, to Netherlands-based Cyrte Investments.

3 December 2012

Equistone exits ATPI through ICG-backed management buyoutp

atpi_sq Barclays spin-out Equistone has sealed its fourth exit of the year by selling global business travel company ATPI, a deal that will help return cash to the mid-market firm’s investors as it gears up for the final close of its first independent fund.

5 November 2012

AXA Private Equity backs Bravofly’s acquisition of Spain’s Rumbo

The private equity arm of French insurance giant AXA has participated in a €20m capital increase for Bravofly, which will help finance the European online travel agency’s acquisition of Spanish rival Rumbo.

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