Fleetway Travel Ltd

Fleetway Travel Ltd

Background to the business

Fleetway Travel is a long established company with 42 years of experience. It offers a wide range of holiday products from city breaks to all-inclusive holidays, covering most Mediterranean and worldwide destinations. The special and long standing relationship with major airlines and hotel groups enable the creation of a vast range of travel offers at the most competitive prices.

Fleetway has developed a unique and highly disruptive model providing hotels and airlines with the strategic capabilities to manage supply and enhance yield throughout seasonal periods, whilst delivering exceptional value for money and service to its customers. The Business trades across the Fleetway, Luxury Holiday Collection and Exclusive Luxury Breaks brands. Key online partners include Travelzoo and Secret Escapes.

We have backed the senior management team of James Clarke (Managing Director) and Ben Braude (Product Director) who have re-invested alongside us. Ian Coghlan, previously CEO of Abercrombie & Kent, Saga Travel and Kuoni USA, joined the senior management team as Chairman.

Tenzing co-invested alongside Synova Capital, and Ian and Guy serve as Directors on the Fleetway Board.

 

Investment highlights

Supporting the management team in buying out their business from the founder. Supporting the strategic development of the business, international expansion with investment in technology platforms and more talent.

Location

London

Company website

www.fleetwaytravel.com

Investment

MBO

Company Instragram

fleetwaytravel

Date of Investment

July 2015

Value

N/D

Sector

Travel

KPIs

70 Staff • £40m Turnover

Date

June 19, 2015

Category

Live, MBO, Travel Technology