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Travel tech company seeking for 1,25M growth capital

Sold or inactive #101376 - Available since April 20, 2020

Company history/background

The company is a Dutch based B2B2C Travel Software Tech Company established in 2018.  The company has a growth investment need of 1,25M EUR to speed up software development and further market introduction.

Company activities

The company holds an IATA Airline license which enables them to offer their airport to airport travel solutions via airline ticket platforms.  Additionally, the business has an internal experienced IT team and developed a smart online platform that integrates with all suppliers in the chain related to travel ticket offerings. Currently the company employs >17 FTE’s.

Unique selling points

Investment rationale:  

  • First bookings are already successfully served;
  • $500 Billion Total addressable market;
  • 16K daily seats already contracted;
  • The company has an unique market position, due to their IATA certification the company can directly offer airline tickets to global GDS partners;
  • The business model is highly scalable;
  • Several contracted airlines;
  • The company offers an alternative for short haul flights with door-to-door ground transportation solutions;
  • High contribution and EBITDA margins due to high IT integrations with ticket resellers;
  • Airlines have a increasing demand to save costs through cheaper interlining partnerships, which the company can offer;
  • The company owns no fleet, so a very low CAPEX;
  • Multiple revenue streams.

Other

The ideal investor has experience with growing an international B2B2C platform.

Personal data

Region
Netherlands
Sector
IT service
Type of company
Website
Legal entity
Limited Company
Type of transaction
Shares
Life phase enterprise
Growing
Employees in FTE
10 - 25
Type of buyer
  • MBI candidate
  • Strategic acquisition
  • Investor

Financial information

Turnover last financial year
€ 1.000.000 - € 2.500.000
Asking price
To be agreed
Earnings before taxes
Confidential

Interested or more information?

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Technologieplatform in de reisbranche zoekt naar 1,5 miljoen groeikapitaal
Netherlands

Profile number: 101376

Date added: April 20, 2020

Sector: IT service


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Technologieplatform in de reisbranche zoekt naar 1,5 miljoen groeikapitaal
Netherlands

Profile number:
101376

Date added:
April 20, 2020

Sector:
IT service

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