Peter Hodson, director of NVM Private Equity said, “We are very excited to be backing Paul Nixon and his team as they embark on Intuitive’s next phase of growth. [We] believe there is a significant opportunity to grow the business within the on-line travel industry in international markets.”
Paul Nixon, managing director of Intuitive, added “This significant investment by NVM underpins the next stage of our growth as we aim to become a global leader in the provision of software to the online travel sector. We are delighted to have NVM supporting our business and the management team.”
In November, 2012, NVM made a 2.3-times return on its investment in property management services business Paladin Group, following a £15.9m sale of the company.
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