Journeying Towards New Destinations: Investment Firm CVC Set to Transcend Traditional Paths with Etraveli's Potential Sale or IPO

Swedish travel firm Etraveli unveils its ambitious endeavours, looking beyond conventional horizons at a potential sale or exciting initial public offering (IPO). This promising prospect is in the early exploration stages, with investment and private equity firm CVC Capital Partners carefully steering the journey. Insightful advisement is offered by the renowned DNB Carnegie. This venture aligns with the company’s valuation at an EBITDA of roughly €150 million.

Following a hiatus of two years after the €1.6 billion takeover by travel platform Booking.com fell apart due to EU intervention, Etraveli is making moves once again. Confronting an ever-evolving business landscape systematically, Etraveli balances prudence and ambition.

The year 2017 earmarked a pivotal point in the company’s journey when CVC stepped in to acquire and helm Etraveli. The deal, clinched at approximately €503 million, was cushioned by a €240 million TLB supported by Credit Suisse, Jefferies, and UBS – a trinity of reputable bookrunners.

The unfolding journey unveils a blend of potential challenges and breakthroughs. As Etraveli carefully charts its future course, the world watches, intrigued and hopeful.