Barclays Ventures has invested a significant minority stake in youtravel.com, a new internet travel business. The investment forms part of a deal valued at over £15m. youtravel.com, which launched this week, is targeted primarily at travel agents, offering them an exclusive online bed bank for hotels and resorts around the Mediterranean and other worldwide destinations. The site also includes quick reference travel guides, weather reports, and other local information for the consumer market, which is expected to constitute 15% of their business.
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater