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Announced

3i to invest in Otravo-backed VakantieDiscounter.

Financials

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

Tags

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Minority

Pending

Acquisition

Friendly

Private Equity

Online and Social Platforms

Private

Single Bidder

price comparison platform

Netherlands

Cross Border

online travel agency

Synopsis

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3i, a multinational investor, agreed to invest in Otravo-backed VakantieDiscounter, a technology-enabled online travel agency. Financial terms were not disclosed. "VakantieDiscounter offers the widest selection of affordable package holidays in the market through a focused, online-only offering. The scalable tech platform will allow VakantieDiscounter to continue its long term track record of growth and its recovery from the pandemic. We have the opportunity to partner with a high-quality, ambitious management team and we believe there is significant potential ahead to accelerate VakantieDiscounter’s success," Boris Kawohl, 3i Partner.

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