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New Deal


Announced

Tritium Partners-backed Vacation Innovations to acquire Holiday Systems International.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

travel

leisure

Private

Single Bidder

Domestic

Friendly

Majority

Recreational Services

Acquisition

Pending

Private Equity

Synopsis

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Tritium Partners-backed Vacation Innovations, a provider of travel-related products, software and services, agreed to acquire Holiday Systems International, which offers tour operating services. Financial terms were not disclosed. "I'm incredibly proud of all HSI has accomplished but also realize the brand is capable of much more with the right partner. I have been presented with numerous opportunities over the years, but Vacation Innovations is the right company at the right time. Their expertise in sales and marketing, diverse suite of products and services, and commitment to adding value across its brands make this the right fit. I'm confident that Vacation Innovations will grow HSI with passion," Craig Morganson, HSI Founder.

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