Announced

SSG Capital Partners to acquire shares in Prometheon Holdings for £68m.

Synopsis

SSG Capital Partners IV, L.P. ("SSG") plan the purchase of Preferred Shares in Prometheon Holdings (UK) Ltd for £68m. Prometheon Holdings (UK) Limited, through its subsidiaries, provides travel and tourism services it includes PGL Holidays, the Meininger hotel group and Holidaybreak, a European education and activity holiday provider. SSG was advised by Hogan Lovells.

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