Jeremy Sharman, Director at HgCapital, commented: "We are delighted to have contributed to the success of the acquisition, which positions the Travelsphere Group, ahead of Saga, as the UK's largest provider of escorted tours for the over 45s. The business serves the fastest-growing age group of the UK population, who are increasingly adventurous in their appetite for travel to overseas destinations. The 3i deal team was led by Ian Downing, investment director.
Travelsphere was advised by Rothschild and Howes Percival. About 3i 3i is a world leader in private equity and venture capital. We focus on buyouts, growth capital and venture capital and invest across Europe, in the United States and in Asia Pacific.
Our competitive advantage comes from our international network and the strength and breadth of our relationships in business. These underpin the value that we deliver to our portfolio and to our shareholders. Join over , travel agents, professionals and executives subscribed to our daily newsletter. Subscribe to our newsletter.
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Sign in Recover your password. A password will be e-mailed to you. Email or Username. Forgot password? Not a member yet? I want to. Join the Community. She replaces Patrick Cherry, who left after the company was taken over by direct-sale tour operator Travelsphere last December.
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