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Reading: Six Nations backer CVC plots journey with Loveholidays
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Michigan Post > Blog > Business > Six Nations backer CVC plots journey with Loveholidays
Business

Six Nations backer CVC plots journey with Loveholidays

By Editorial Board Published September 27, 2024 1 Min Read
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Six Nations backer CVC plots journey with Loveholidays

The non-public fairness big which owns a stake in rugby’s Six Nations Championship is weighing a bid for a stake in certainly one of Britain’s greatest on-line journey brokers.

The journey firm, which has been backed by Livingbridge, a smaller non-public fairness agency, since 2018 has been exploring its possession choices for months.

Some business sources imagine that Loveholidays is leaning in the direction of a minority stake sale following talks with potential buyers.

CVC’s curiosity is at an early stage and won’t result in a agency supply, they mentioned.

Loveholidays, together with OnTheBeach and TUI, ranks among the many UK’s greatest journey brokers and has been a giant winner from the post-pandemic resurgence in demand from holidaymakers.

It specialises in journeys to the Mediterranean and Canary Islands, and boasts that its stock of 35,000 motels and 99% of all flights end in 500bn attainable vacation packages.

Loveholidays was based in 2012 by Alex Francis and Jonny Marsh, and now employs a whole lot of individuals.

CVC declined to remark.

TAGGED:BackerCVCLoveholidaysNationsplotsTrip
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