Business B2B Travel Services
Growth StrategyInternational Expansion
Why we invested
JacTravel is a UK-based leader in the wholesale accommodation sector, a rapidly growing market driven by consumers’ increasing preference for purchasing travel services online. This was an opportunity to back a compelling organic growth strategy, driven by the geographic expansion of the company’s customer and hotel base, especially in emerging international markets.
JacTravel delivered strong growth during the seven years of our ownership, establishing extensive new customer and supplier relationships in Latin America, Asia and the Middle East. In addition, a significant investment was made in the company’s technology platform.
Overall, profits increased approximately fourfold. In June 2014, the company was sold to Vitruvian Partners for £80 million.