Team members involved:
JacTravel is a leading supplier of online hotel bookings and inbound travel services to the tourism sector. It provides tour operators, travel agents and online retailers with access to beds at more than 12,000 independent and chain hotels, in 800 cities globally, processing nearly a million bookings per year.
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.
Website: www.jactravel.co.uk Read more about our Technology strategy We needed Bowmark’s help and expertise, which complemented our own skills and experience. It was a successful partnership because they cared about the business as much as we did.
Mario Bodini, Founder
