M&A Deal Summary

Thomas Cook Group Acquires Sunquest Vacations

On August 1, 1995, Thomas Cook Group acquired leisure company Sunquest Vacations from CAI Capital Partners

Acquisition Highlights
  • This is Thomas Cook Group’s 1st transaction in the Leisure sector.
  • This is Thomas Cook Group’s 1st transaction in Canada.
  • This is Thomas Cook Group’s 1st transaction in Ontario.

M&A Deal Summary

Date 1995-08-01
Target Sunquest Vacations
Sector Leisure
Buyer(s) Thomas Cook Group
Sellers(s) CAI Capital Partners
Deal Type Add-on Acquisition

Target

Sunquest Vacations

Toronto, Ontario, Canada
Sunquest, based in Toronto, Ontario, is Canada's largest tour company. Sunquest designs and markets packaged tours from twenty departure points across Canada to a variety of international travel destinations, including the Caribbean, Central America, Mexico and Europe.

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Buyer(S) 1

Buyer

Thomas Cook Group

London, United Kingdom

Category Company
Sector Leisure
Revenue 9.6B GBP (2018)
DESCRIPTION

Thomas Cook Group is a global travel company provides Domestic and International Tour Packages, Flight Bookings, Hotel Bookings, Forex & Visa. Thomas Cook Group is based in London, United Kingdom.


DEAL STATS #
Overall 1 of 2
Sector (Leisure) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (1995) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-19 Mytravel Group

Rochdale,, United Kingdom

MyTravel Group plc operates in the leisure travel industry, offers package holidays and other leisure travel products.

Buy -

Seller(S) 1

SELLER

CAI Capital Partners

Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 1.6B CAD
Size Large
Type Sector Agnostic
DESCRIPTION

CAI Capital Partners is a private equity firm that targets lower middle-market, profitable companies with $3 million or more of EBITDA. CAI Capital Partners has a special interest in founder-led business services or specialty manufacturing companies. CAI Capital Partners was formed in 1989 and is based in Vancouver, British Columbia.


DEAL STATS #
Overall 1 of 22
Sector (Leisure) 1 of 1
Type (Add-on Acquisition) 1 of 14
State (Ontario) 1 of 6
Country (Canada) 1 of 11
Year (1995) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1993-01-01 Sunquest Vacations

Toronto, Ontario, Canada

Sunquest, based in Toronto, Ontario, is Canada's largest tour company. Sunquest designs and markets packaged tours from twenty departure points across Canada to a variety of international travel destinations, including the Caribbean, Central America, Mexico and Europe.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1996-01-01 Zalev Metals

Windsor, Ontario, Canada

Based in Windsor, Ontario, and established in 1914 as a family-owned and operated business, Zalev Metals collects, processes and supplies recycled ferrous and non-ferrous metals for the North American steel and automotive industries. In 1996, when CAI encountered Zalev, it was Canada's second largest metals recycler and was still family-owned and operated.

Buy -