Announced
Synopsis
Private equity firm Clearspring Capital Partners acquired a majority stake in Voyages Traditours, a Québec leading group tour operator, from Entrepreneur Capital. Financial terms were not disclosed. "Our investment strategy is based on a medium to long-term approach and targets industry-leading companies with seasoned, ambitious management teams who have demonstrated robust results and show strong growth opportunities. Our team quickly identified Traditours as meeting our investment criteria given its impressive historical growth, as well as its leadership position in niche markets where it offers its distinctive expertise," explained Marie-Claude Boisvert, partner at Clearspring Capital Partners.
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