Hanatour Service Inc.

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Hanatour Service Inc. - overview

Established

1993

Location

Seoul, -, South Korea

Primary Industry

Travel & Leisure

About

Hanatour Service Inc. is a prominent South Korean travel agency specializing in tailored travel solutions for both leisure and corporate clients, enhancing their travel experiences through a wide range of services. Founded in 1993 and headquartered in Seoul, South Korea, Hanatour Service Inc. operates as a comprehensive travel agency.


The company was established by 제우 이, who has a history in the travel sector. Hanatour has engaged in significant business transactions, including a PIPE investment of KRW 128. 9 billion in February 2020, led by IMM Private Equity, which greatly supported its operational capabilities. The total amount raised by the company stands at KRW 128.


9 billion from this funding round. Hanatour offers a comprehensive range of travel and tourism services, including tailored travel packages, hotel bookings, transportation services, and guided tours. These services cater to individual travelers and corporate clients, enhancing their travel experiences with personalized options. The company serves diverse customer segments, focusing on leisure and business travel, with a strong presence in markets such as Southeast Asia, Europe, and North America.


In the most recent fiscal year 2024, Hanatour reported revenue of KRW 452,390,736. 6 and an EBITDA of KRW 57,476,927. 9. The company generates revenue primarily through direct service transactions, including B2C leisure travel bookings and B2B partnerships with hotels and transport providers, facilitating competitive pricing and exclusive deals.


As part of its growth strategy, Hanatour plans to launch new tailored travel products aimed at enhancing the travel experience for its clients. The company is also targeting expansion into additional markets in Southeast Asia and North America by 2025. The funding from the latest PIPE transaction in February 2020 will be utilized to support these initiatives, enabling the company to strengthen its service offerings and geographic reach.


Current Investors

IMM Private Equity

Primary Industry

Travel & Leisure

Sub Industries

Hotels & Accommodations, Travel & Tourism, Search Engines

Website

www.hanatour.com

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Hanatour Service Inc. - 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)
PIPECompletedHanatour Service Inc.-

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