Cruise.co.uk Limited

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Cruise.co.uk Limited - overview

Established

1984

Location

Redditch, England, UK

Primary Industry

Internet

About

Cruise. co. uk Limited, based in the UK, offers a wide range of cruise holiday services, enabling customers to book comprehensive cruise packages and tailor their travel experiences to various destinations. Cruise.


co. uk Limited is a UK-based company that specializes in cruise holiday services. Founded in 1984 in Redditch, UK, the company has undergone a transformation in its business strategy and was acquired by Bridgepoint Development Capital on August 5, 2016, for GBP 52 million. The current CEO is Chris Gardner alongside Precious Okereke.


The company has completed two investment deals to date, with a total amount raised of GBP 52 million from its most recent funding round, the Secondary Buyout. Cruise. co. uk specializes in providing a comprehensive range of cruise holiday services, positioning itself as a leading platform for booking cruise packages.


The company's core offerings include various cruise and stay deals that combine cruise journeys with accommodation options, enabling customers to fully immerse themselves in the destinations they visit. These packages cater to diverse clientele, ranging from families seeking adventure to couples looking for romantic getaways. The company serves a broad customer base across the UK and Europe, focusing on popular cruise lines such as MSC Cruises, Cunard, Royal Caribbean, and Celebrity Cruises. Additionally, their services extend to bespoke itineraries that tailor travel experiences according to individual preferences, thereby enhancing customer satisfaction.


Cruise. co. uk products are marketed primarily to travelers in the UK while reaching various international markets, thereby meeting the needs of direct consumers and businesses seeking curated travel experiences. Revenue generation for Cruise.


co. uk is primarily driven through direct-to-consumer transactions, where customers book cruises and related services through the company’s platform. Clients engage with the company to secure cruise packages, which typically include a combination of cruise fares, accommodation, and ancillary services such as excursions and transfers. The pricing structure involves various packages that cater to different segments, including luxury cruises and budget options, ensuring a wide appeal.


The company benefits from partnerships with major cruise lines, enhancing its offerings and driving sales. Revenue is generated at various price points, with flagship services prominently featured in promotional materials, allowing for competitive positioning within the cruise travel market. Following its acquisition in August 2016, Cruise. co.


uk Limited plans to utilize the GBP 52 million funding to enhance its product offerings and expand into new markets. The company is focused on designing new customized cruise experiences aimed at attracting a wider audience, with projections for rollout in upcoming years. Additionally, there are plans to penetrate new geographic regions, specifically targeting markets in Northern Europe and North America by 2025.


Current Investors

Bridgepoint Group, HarbourVest Partners

Primary Industry

Internet

Sub Industries

Marine, Travel & Tourism, Search Engines

Website

www.cruise.co.uk/

Verticals

Cloud Computing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Cruise.co.uk Limited - financials

Fiscal Year EndedApr 30, 2015
Revenue (USD)-
% Revenue Growth (YoY)-
EBITDA (USD)-
Operating Income (USD)-
Operating Margin-
% EBITDA Margin-
NET Income (USD)-
% Net Margin-

Cruise.co.uk Limited - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedKreuzfahrtberater GmbH-
Secondary BuyoutCompletedCruise.co.uk Limited-
Add-onCompletedCruiseWall-
BuyoutCompletedCruise.co.uk Limited-

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Cruise.co.uk Limited - employee data

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