Fri, 06 Aug 2010 | BUSINESS SALE
Online travel agency Directline Holidays has reportedly been put onto the market for £40 million.
Founders Anthony Bradley and Matthew Flint have asked KPMG to seek a buyer for the business - which has over 70 employees - and it has already attracted the attention of numerous private equity firms.
Established in 1992 as a traditional travel agency, Directline Holidays has been solely online since 2001. Attracting over two million visitors each month, it is now one of the UK’s largest independent online travel agencies.
The business specialises in providing international hospitality companies through forums and networking events a route to two key markets. The business operates on a B2B basis across the UK & France, offering events for MICE agents and end-user corpo...
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