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#私募股权

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Sep 28Mon
  1. Skift Feed

    L Catterton Quietly Becomes a Major Travel Investor

    Skift reports that L Catterton's travel investment footprint keeps expanding. The firm led an $800 million investment in private aviation company Flexjet and backed river cruise operator AmaWaterways alongside co-investors with roughly $890 million; it had already invested in Despegar, Norwegian Cruise Line, OneSpaWorld and GetYourGuide. More recently it moved into live experiences through Fever and into hospitality via a new luxury hotel strategy. When Skift reported on the attempted sale of British luxury tour operator Audley Travel, L Catterton appeared as one of the final potential buyers, though the deal fell through. L Catterton manages about $40 billion and is one of the world's larg…

Sep 16Wed
  1. Skift Feed

    Certares' O'Hara Bets €300 Million on European High-Speed Rail

    Certares founder Greg O'Hara, ahead of the Skift Global Forum, detailed his roughly €300 million investment in Trenitalia France. The company ordered 19 high-speed trains from Hitachi in August, ten of them for a Paris–London service targeted for 2029. O'Hara argues that whoever delivers rolling stock first should secure the three required approvals — French, tunnel and British — first. The investment came from Certares' current fund with co-investment, drawing strong interest from European family offices and institutions.

Sep 5Sat
Sep 2Wed
  1. Skift Feed

    What Happens to a Travel Company Owned by Private Equity for Too Long?

    Audley Travel, a tailor-made tour operator, achieved record revenue of £482 million in FY2025 but reported a net loss of £23.3 million due to financing costs exceeding operating profit. The company has total borrowings of £610 million, including £434 million in shareholder loan notes with 10-15% annual interest. 3i Group, holding 48% equity, has owned Audley for nearly 11 years, launched a sale in late 2024, but shelved it by April 2025 after rejecting offers.

Aug 25Tue
  1. Skift Feed

    Black Tomato Founders Sell 75% to Employee Ownership Trust, Retain Control

    Luxury tour operator Black Tomato has transferred 75% of the business into a newly established Employee Ownership Trust, in a deal completed in early July and led by advisory firm Grant Thornton, which conducted an independent valuation (undisclosed). The three founders retain a 25% minority stake via a new B share class while preserving decision-making power, with existing management and the board staying in place under trustee oversight. Rather than selling to private equity, co-founder Tom Marchant framed the move as an "evolution, not an exit," designed to lock in independence, protect the company's culture, and offer employees future upside. The structure uses deferred consideration pa…

Aug 24Mon
  1. Skift Feed

    PE Money Is Coming for STR. The New StayTerra CEO Explains the Strategy.

    On Skift's Good Morning Hospitality podcast, new StayTerra CEO Amy Kothari discusses accelerating PE-backed short-term rental consolidation, what a successful rollup model looks like, and implications for independent operators. The episode also covers Airbnb abandoning its in-house experiences strategy to partner with Tripadvisor, and Expedia Group cutting eight senior executives in a week as it reorganizes around AI, with consequences for Vrbo hosts.