Travelopia
“The sale of Specialist Holidays Group is an important milestone in our non-core disposal programme. I would like to thank the Cavendish team for finding the right home for the business and for their transaction expertise throughout the process. This is the second transaction we have completed with Cavendish’s support in the last 12 months and, as we know in travel, repeat rates indicate strong customer satisfaction.”
Christine Franks
Corporate Development Director
Travelopia
Cavendish advises Travelopia on the sale of Specialist Holidays Group to TravCorp Holdings Ltd.
Cavendish is pleased to announce that it has advised Travelopia, the KKR-backed global leader in experiential travel, on the sale of Specialist Holidays Group to TravCorp Holdings Ltd, parent company of Destination2, Destination2 Cruise, and Holiday Gems.
The transaction forms part of Travelopia’s broader portfolio optimisation strategy, as the group continues to focus on its position as the world’s leading collection of experiential travel brands.
Specialist Holidays Group comprises three well-established brands: Citalia, American Holidays, and Sovereign Luxury Travel. Known for their deep destination expertise and high levels of customer service, these brands complement TravCorp Holdings’ existing focus in the premium, specialist, and tailor-made travel markets.
Reflecting on the transaction, Henry Wells, Head of Consumer at Cavendish, said:
“We are delighted to have advised the Travelopia team again as part of their broader portfolio optimisation strategy. This transaction reinforces Cavendish’s track record in the travel sector and its experience advising global, private equity-backed businesses on complex strategic divestments. Many congratulations to Helen Adamson and her Specialist Holidays Group management team – they have got a great new home and we are sure that the business will thrive as part of the Travcorp family.”