Investment Summary

Axivate Capital Invests In Corendon

On November 16, 2012, private equity firm Axivate Capital invested in leisure company Corendon

Investment Highlights
  • This is Axivate Capital’s 1st transaction in the Leisure sector.
  • This is Axivate Capital’s 4th transaction in the Netherlands.
Investment Fate
  • Corendon was sold to a consortium of financial buyers in 2024.

Investment Summary

Date 2012-11-16
Target Corendon
Sector Leisure
Investor(s) Axivate Capital
Deal Type Stake Purchase

Target

Corendon

Badhoevedorp, Netherlands
Corendon is a travel agent that started out offering affordable trips to Turkey. Corendon offers an extensive range of destinations, flying to 13 countries in the Mediterranean. Corendon creates fully integrated holiday experiences for more than 750,000 customers a year and Belgium. Corendon was founded in 2000 and is based in Badhoevedorp, Netherlands.

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Investor(S) 1

DESCRIPTION

Axivate Capital is a small private equity firm focused on investing early-stage companies and acquiring mature companies with unlocked growth potential. The Firm looks to invest €100K to €5 million per transaction and will consider opportunities in digital media, e-commerce, internet, and leisure. Axivate Capital was formed in 2012 and is based in Amsterdam.


DEAL STATS #
Overall 4 of 16
Sector: Leisure M&A 1 of 1
Type: Stake Purchase M&A Deals 3 of 5
Country: Netherlands M&A 4 of 16
Year: 2012 M&A 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-01 YourMacStore

Utrecht, Netherlands

YourMacStore is an online Apple expert in the Netherlands, offers a broad range of Apple tablets and accessories including professional reviews of the products. YourMacStore is based in Utrecht, Netherlands.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-01 Oxyme B.V.

Amsterdam, Netherlands

Oxyme is a operating social media analytics company. Oxyme is known for pioneering digital research methodology which connects social activity to business performance.

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