Travel, Tourism, Destination Marketing and Hospitality Firm

Last week I spoke to a firm like the above.

The owner was previously involved in a group where the group had around EUR 5M in EBITDA that they where selling for around 25-30M to a US buyer.

The deal didnt go through and a couple of the bigger sellers ended up selling individually.

My idea here would be to see if there are someone that has experience in this sector, and that we could then go back to the remaining sellers who are all looking to exit - likely we already have around 2-2.5M EBITDA available. We could offer that we try to re-build with other sellers to achieve a 7-10M EBITDA for a sale.

The sellers could likely connect us with potential selling parties as well.

This one is basically a half cooked roll-up, in this space that was on the table but didn't happen.

With our help, it should be possible to pull this off. We also have a few sellers who are already "in the mind" of looking to sell in this way, which is a huge positive.

I look forward to hearing from interested potential candidates that has experience in the space, or that has done previous roll-ups.

Thanks

Per

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