Announced
Financials
Tags
Private Equity
Majority
Pending
Hotels and Motels
cottage rental
United Kingdom
Acquisition
Private
Friendly
Single Bidder
Domestic
Synopsis
Livingbridge and Vitruvian, two private equity investment firms, are set to reinvest in Sykes Holiday Cottages, whose line of business includes renting rooms, with or without board, on a fee basis. Financial terms were not disclosed. “Sykes Holiday Cottages is a fantastic business, which has succeeded in driving the use of digital technology to deliver outstanding service to property owners and customers. We are therefore delighted to be continuing our partnership with the business for the next growth chapter,” Adam Holloway, Livingbridge Partner.
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