Inflexion invests in leading luxury travel company, Scott Dunn
Inflexion is pleased to announce that it has invested a majority stake in Scott Dunn Holdings Ltd (Scott Dunn), the leading award-winning, luxury travel brand.
Founded in 1986 by Andrew Dunn, the company provides a broad range of luxury holidays from skiing and Mediterranean resorts to tailor-made journeys and bespoke honeymoons. Scott Dunn is recognised as a premium brand in the sector and is distinguished by delivering very high levels of service to its guests. It was voted number one specialist tour operator by the readers of Condé Nast Traveller in 2014. The company operates within the luxury travel market, which has grown by more than 12% CAGR over the last three years, as demand from affluent customers in the UK and overseas has increased.
Simon Turner, Managing Partner at Inflexion, commented: “Scott Dunn is a premium brand with significant global potential. We’re delighted to be backing an exceptional management team in a sector which we know well. Our investment will enable the company to expand into new areas and, with support from our digital director, enhance their digital presence to bolster guest experience and support sales growth. 2014 has been a great year for Inflexion and we’re looking forward to the year ahead with another exciting business in our portfolio.”
Andrew Dunn, President of Scott Dunn, who will remain a significant shareholder, said: “I am pleased that Inflexion is investing in Scott Dunn to help further build this amazing company and nurture the brand I created. Their investment and guidance will enable the Scott Dunn team to expand their portfolio of destinations and products we can offer to guests. I am excited about our next stage of growth.”
Simon Russell, CEO of Scott Dunn, said: “We have built a great rapport with the Inflexion team and with their proven track record of helping British businesses grow internationally and through acquisition; we are pleased they are backing our ambitious expansion plans. We are committed to continue delivering exceptionally high standards of service to our current and future guests.”
Inflexion was advised by BDO. The shareholders were advised by Cavendish Corporate Finance and the management team by Livingstone Partners.