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Announced

Completed

Perwyn completed the acquisition of Cruiseline from Tikehau Capital.

Synopsis

Perwyn, a private equity firm in London, completed the acquisition of Cruiseline, which provides voyages in the Mediterranean, North Sea, Latin America and the Caribbean, from Tikehau Capital, an alternative asset manager. Financial terms were not disclosed. "I would like to extend my warmest thanks to Tikehau Capital for their contribution over the last few years. Their financial support and vision will leave an indelible mark on all our teams. I am also very grateful to Montefiore. Their strategic support has enabled us to take leading positions in a number of markets and we are stronger today than we were before Covid-19. We are very excited to be entering a new phase of development with Perwyn. We are convinced that their flexibility in terms of investment horizon, their considerable financial capacity and, above all, the high quality of their teams are all assets for Cruiseline," Pierre Pelissier, Cruiseline Chairman.

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