Announced
Completed
Financials
Tags
Private Equity
United Kingdom
Hotels and Motels
Friendly
cottage rental
Acquisition
Private
Single Bidder
Majority
Completed
Synopsis
Vitruvian Partners completed an investment of $482m in Sykes Holiday Cottages, the UK's fastest-growing independent holiday cottage provider. “Sykes Holiday Cottages has gone from strength to strength, growing from a trusted family-run business to one of the largest holiday home rental platforms in Europe. In Sykes, we have found a team with a mission to become a global category leader and we hope to support that with our experience and capital. We back exceptional high-growth technology-enabled businesses with proven leadership teams and are excited to partner with Sykes Holiday Cottages during its next phase of growth,” Ben Johnson, Vitruvian Partners Partner.
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