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Announced

Completed

Vitruvian Partners-backed Travel Counsellors completed the acquisition of Holidaysplease.

Financials

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

Sources

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Tags

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United Kingdom

Domestic

Single Bidder

travel advisor

Completed

Private Equity

Acquisition

Majority

Travel and Tourism

Private

Friendly

Synopsis

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Vitruvian Partners-backed Travel Counsellors, a technology platform for travel entrepreneurs, completed the acquisition of Holidaysplease, a network of specialist travel advisors. Financial terms were not disclosed. “We are delighted to have acquired such a highly regarded and successful business, finding a company that is both culturally and strategically aligned to our people led values and relentless focus on customer care. I would like to take this opportunity to welcome the entire Holidaysplease community; we are extremely excited at what this combination will mean for both businesses, our communities of travel experts, and our customers," Steve Byrne, Travel Counsellors CEO.

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