KKR to Acquire Travelopia

Global investment firm KKR is to acquire Travelopia, a UK-based specialist travel group, from TUI AG.

The amount of the deal, which is subject to customary closing conditions, was not disclosed.

The investment will support the company’s management in their growth strategic initiatives, including harnessing the potential from digital distribution and CRM and expanding its geographical reach, notably into China.

Led by Will Waggott, CEO, Travelopia provides customers with sailing adventures, tailor-made holidays, sports tours, school expeditions, private jet travel and polar expedition cruises. The company has a large, international customer base of over 800,000 travellers each year and serves over 70 destinations globally through its 53 brands.



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