Announced

Certares, Crédit Mutuel Equity and Bpifrance to invest $155m in Voyageurs du Monde.

Synopsis

Certares, an investment management company, Crédit Mutuel Equity, a private equity firm, and Bpifrance, a provider of human resources consulting services, agreed to invest $155m in Voyageurs du Monde, a from engaged in providing travel services in France and internationally. "We're very proud to be working with Voyageurs du Monde as we share a vision and common values with its management team about the role of a travel agent and its development. We have therefore been able to quickly build up trust and mutual understanding, as well as allowing Voyageurs du Monde to benefit from our investment model using our own capital, which is well suited to the long term," Thierry Martin, Crédit Mutuel Equity Senior Principal.

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