Summit Advisory Advises on Sale of Flexiski from Travelopia to Hotelplan UK
Summit Advisory is delighted to have assisted Travelopia with the sale of the trade and assets of leading ski short break tour operator, Flexiski to Hotelplan UK. This is the boutique advisory firm’s 4th successful sale in 6 months.
Hot on the heels of its sale of Sports Tours to Rayburn Tours in April, SA announces today its advisory role in the sale of the trade and assets of Travelopia’s Flexiski brand to Hotelplan UK.
This follows the sale of walking tours specialist, Mickledore Travel to KE Adventures (parent company Voyageurs du Monde) and Rob Roy Tours, an inbound DMC, to Austrian tour operator, Travel Europe, both last December.
‘Despite all the Brexit uncertainty, there is a strong demand for clearly differentiated, niche, profitable travel companies from UK, international and Private Equity buyers’ states founding director, Deborah Potts. ‘The secret is understanding not just the numbers, but what makes a particular travel business special in its own particular sector. As a boutique firm, we take a highly targeted approach to all our sale mandates ensuring that the most relevant buyers are invited into our processes, regardless of location in the UK or abroad,’ she added.