It is understood that private equity company Equistone Partners has purchased a stake in Travel Counsellors for an undisclosed sum.
In a joint statement, the two companies said “the investment from Equistone’s fourth fund provides the company with a platform to build on its recent growth and secure its position as one of the UK’s leading leisure businesses.
“It will also enable Travel Counsellors to increase the support it offers to its global family of agents, as well as bolstering its global buying power and potential for further overseas expansion.”