M&A Deal Summary

KKR Acquires Travelopia

On February 13, 2017, private equity firm KKR acquired leisure company Travelopia from TUI

Acquisition Highlights
  • This is KKR’s 4th transaction in the Leisure sector.
  • This is KKR’s 13th transaction in the United Kingdom.

M&A Deal Summary

Date 2017-02-13
Target Travelopia
Sector Leisure
Buyer(s) KKR
Sellers(s) TUI
Deal Type Divestiture

Target

Travelopia

Crawley, United Kingdom
Travelopia is a specialist travel groups, providing customers with unique experiences, such as sailing adventures, tailor-made holidays, sports tours, school expeditions, private jet travel, and polar expedition cruises. Travelopia was founded in 1997 and is based in Crawley, United Kingdom.

Search 214,876 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

KKR

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1976
PE ASSETS 267.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
KKR's office in Menlo Park, California.
KKR's office in Menlo Park, California.

KKR is a global investment firm founded by Jerome Kohlberg, Henry Kravis, and George Roberts. The Firm is separated into several business segments including private markets, public markets, capital markets, and other principal activities. KKR's private equity practice invests in management buyouts, take privates, corporate divestitures, industry consolidations, and partnerships with family-owned companies. KKR will invest in a broad range of industries and companies and will consider businesses throughout North America, Europe, Asia, and Australia/New Zealand. Sectors of interest include chemicals, consumer products, energy and natural resources, financial services, healthcare, industrial, media/communications, retail, and technology. In addition to its traditional principal investment activity business, KKR also invests in infrastructure assets. KKR was formed in 1976 and is based in New York, New York.


DEAL STATS #
Overall 227 of 500
Sector: Leisure M&A 4 of 7
Type: Divestiture M&A Deals 28 of 54
Country: United Kingdom M&A 13 of 33
Year: 2017 M&A 7 of 41
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-11 GfK

Nuremberg, Germany

GfK is a global market research company that provides custom and standardized market research about media and retail consumption. GfK was founded in 1934 and is based in Nuremberg, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-21 Telxius

Madrid, Spain

Telxius is a provider of telecom infrastructure services in Europe and the Americas and operates through the sub-sea cable and telecom tower segments. Telxius is based in Madrid, Spain.

Buy -

Seller(S) 1

SELLER

TUI

Hanover, Germany

Category Company
Founded 1968
Sector Leisure
Employees56,370
Revenue 23.2B EUR (2024)
DESCRIPTION

TUI is a multinational travel and tourism company that consists of tour operators, 1,800 travel agencies and online portals, six airlines, more than 130 aircraft, over 300 hotels with 210,000 beds, 13 cruise liners and countless incoming agencies in all major holiday destinations around the globe. TUI was founded in 1968 and is based in Hanover, Germany.


DEAL STATS #
Overall 3 of 5
Sector: Leisure M&A 2 of 4
Type: Divestiture M&A Deals 3 of 5
Country: United Kingdom M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-28 HBX Group

Palma de Mallorca, Spain

HBX Group is an independent global business to business (‘B2B’) bedbank. HBX Group also provides transfers, excursions and tours, meetings and events and cruise handling services. HBX Group client base includes online travel agencies, traditional travel agencies, travel re-sellers, tour operators, and airlines. HBX Group was founded in 2001 and is based in Palma de Mallorca, Spain.

Sell €1.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-12 Berge & Meer

Rengsdorf, Germany

Berge & Meer is a tourism company for package holidays which are sold almost exclusively via direct sales. As a tour operator, the company mainly operates in Germany and to a lesser extent also in Austria. Berge & Meer was founded in 1971 and is based in Rengsdorf, Germany.

Sell -