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Announced

Completed

KKR acquired Travelopia.

Synopsis

KKR acquired Travelopia, one of the world's leading specialist travel groups. Financial terms were not disclosed. Mattia Caprioli, Member & Head of Services at KKR Europe, said: "The high-end experiential travel market is underpinned by attractive structural growth drivers. These include the growing value consumers place on experiences over goods and the increasing mobility of older travelers. We believe that Travelopia is ideally positioned to benefit from these trends. We intend to leverage our experience in the leisure and travel sector gained through investments such as PortAventura, Get Your Guide, Trainline, Go-Jek and Apple Leisure, to support management in their strategic initiatives."

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