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Mayfair equity partners-backed tour partner group in nordic bolt-on.
Darragh Riordan 7 November 2017
Tour Partner Group, the travel business backed by Mayfair Equity Partners, has expanded into the Nordic region with its latest bolt-on.
The company has bought Denmark-based Trans Nordic Tours from its founders Yvonne and Pierre d’Hermilly. The deal brings Tour Partner Group’s revenues to more than €100m.
Trans Nordic Tours has been operating for more than 20 years. It provides services for tourists travelling to the Nordics, the Baltics and Russia. For the year to March it reported sales of around £3.26m.
Tour Partner Group was formed subsequent to the buyout of Hotels & More in 2015 . It rebranded following the acquisitions of Irish Welcome Tours and Authentic Ireland and the appointment of new chief executive Paul Maine earlier this year.
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Tour Partner Group acquires Trans Nordic Tours
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Trans Nordic Tours, the largest inbound operator to the Nordic countries by revenue, is being taken over by Tour Partner Group.
The deal builds on Tour Partner Group’s position as a leading European destination management company with combined revenues more than €100 million.
It is the recently formed holding company for Hotels & More, Irish Welcome Tours and Authentic Vacations.
Denmark-based Trans Nordic Tours was established in 1995 and covers travel throughout Scandinavia, Iceland, Greenland, Finland, the Baltics and Russia.
The business has 41 staff, speaking 17 different languages, and services a fast growing and geographically diverse client base.
The acquisition marks the first strategic initiative under recently appointed Tour Partner Group chief executive, Paul Maine, and the group’s entrance into the Nordic market.
Trans Nordic Tours will also add new source markets to Tour Partner Group’s portfolio, capturing increasing demand from Asia, Australia, the Middle East and South America.
The acquisition follows the recent transaction with Irish Welcome Tours, one of Ireland’s leading inbound tour operators, and Authentic Ireland, a high growth online US travel agent, which strengthened Tour Partner Group’s market leading position in the UK and Ireland.
This activity represents the next phase in Tour Partner Group’s growth following Mayfair Equity Partners’ backing the buyout of Hotels & More in 2015.
Tour Partner Group now consists of more than 150 destination experts, providing services across 14 northern European countries to clients from more than 50 countries; including operating groups, foreign independent tour providers and the meeting and event industry.
Tour Partner Group will continue to evaluate acquisition targets that complement the Group’s underlying organic growth, provide access to new geographies, and reinforce its leadership position in existing markets, according to the company.
Maine said: “With this acquisition, we have started to realise our vision to be the largest DMC in Europe, with a combined revenue of over €100 million.
“We will continue to innovate our product offering within and across our destination markets, providing new opportunities for our customers, suppliers and employees.”
Trans Nordic Tours CEO Yvonne d’Hermilly said: “Joining this select group of the best performing inbound tour operators in northern Europe is a privilege and the synergies between us will be an asset to our partners, clients, and suppliers.”
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Tour Partner Group brings customers to the UK, Ireland and the Nordics from markets such as Germany, France, the United States and Asia. Number of acquisitions during Mayfair's investment ... "Mayfair has been a fantastic partner for Tour Partner Group. They have been instrumental in the creation of the business having had the foresight to ...
LEading travel specialists for Northern europe. Our mission is to deliver personally tailored, authentic tours. Perfectly. Explore destinations. 02 / 03. We design and develop itineraries with our clients. We arrange tours, conferences and incentives. We work out things to do and times to do them. We also book hotels and transfers.
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Do you want to know who are behind the amazing tours for Northern Europe that Tour Partner Group offers? Meet the team! Our heroes are friendly, professional and passionate about creating and operating tailor-made itineraries for groups, FIT and MICE. Learn more about their backgrounds, roles and interests on our website.
Tour Partner Group | 8,461 followers on LinkedIn. Leading travel specialist for Northern Europe | Tour Partner Group is a group of leading B2B destination management companies for the United Kingdom, Ireland, the Nordics and Baltics. Formerly known as Hotels & More, Irish Welcome Tours and Trans Nordic Tours, the brands have come together under one identity, uniting as one strong brand.
Tour Partner Group is the holding company for Hotels & More, Irish Welcome Tours and Authentic Vacations. Hotels & More is a professional B2B partner for group tours and foreign independent tours to the United Kingdom and Ireland. Since its foundation in 1996 in Harrow, it has established itself as one of the leading inbound tour operators. In ...
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Tour Partner Group, the travel business backed by Mayfair Equity Partners, has expanded into the Nordic region with its latest bolt-on. The company has bought Denmark-based Trans Nordic Tours from its founders Yvonne and Pierre d'Hermilly. The deal brings Tour Partner Group's revenues to more than €100m.
This activity represents the next phase in Tour Partner Group's growth following Mayfair Equity Partners' backing the buyout of Hotels & More in 2015. Tour Partner Group now consists of more than 150 destination experts, providing services across 14 northern European countries to clients from more than 50 countries; including operating ...
Experience the incredible beauty of our destinations - UK, Ireland, Nordic & Baltic Countries. Find out practical information, useful tips & see the top sights.
Tour Partner Group is the holding company for Hotels & More, Irish Welcome Tours and Authentic Vacations. Hotels & More is a professional B2B partner for group tours and foreign independent tours to the United Kingdom and Ireland. ... In 2015 Hotels & More was backed by Mayfair Equity Partners', a UK based buyout and growth capital investor ...
Average salary for Tour Partner Group Contracts Manager in Mayfair: £36,478. Based on 72 salaries posted anonymously by Tour Partner Group Contracts Manager employees in Mayfair.
Tour Partner Group. Working for London-based agency Fortnight Collective, we were tasked with creating a fresh new brand identity and guidelines for Tour Partner Group, owned and managed by Mayfair Equity. ...
Free and open company data on Guernsey company Tour Partner Group Holdco Limited (company number 1-60989), Ground Floor Cambridge House Le Truchot St Peter Port GUERNSEY GY1 1WD ... MAYFAIR FOX HOLDCO LIMITED; Business Classification Text Active equity holding company (excluding intellectual property, real estate and transport) with significant ...
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