Sunweb Group Netherlands B.V.
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Sunweb Group Netherlands B.V. - overview
Established
1991
Location
Rotterdam, -, Netherlands
Primary Industry
Travel & Leisure
About
Sunweb Group Netherlands B. V. specializes in travel services, providing personalized vacation experiences through its brands like Sunweb and Eliza was here, catering to diverse traveler needs across Europe. Founded in 1991 and headquartered in Rotterdam, Netherlands, Sunweb Group Netherlands B.
V. focuses on delivering exceptional travel packages for consumers. In December 2018, Triton Partners acquired the company from AlpInvest Partners, with the transaction completed in February 2019. Joost Romeijn serves as the CEO.
The company has successfully established itself within the European travel market, operating in key regions including the Netherlands, Belgium, France, Germany, and Scandinavian countries. Sunweb Group primarily offers travel services through its various brands, including Sunweb and Eliza was here, focusing on creating personalized holiday experiences for customers across Europe. The company provides package holidays that encompass sun, winter sports, and self-drive trips, leveraging 35 years of industry expertise to cater to diverse traveler preferences. Sunweb Group employs state-of-the-art technology and data analytics to curate tailored travel options, ensuring that customers can easily find and book holidays that meet their unique needs.
The company's offerings are designed to enhance well-being by allowing travelers to recharge and create lasting memories. Sunweb Group serves a wide range of clients, including families and individuals seeking exceptional holiday experiences, with operations in key markets across Europe, including the Netherlands, Belgium, France, Germany, and Scandinavian countries. In the most recent year, 2019, Sunweb Group generated a revenue of EUR 600 mn primarily through the sale of holiday packages to consumers. The company’s business model involves combining flights, accommodations, and in-destination activities to provide comprehensive travel solutions at competitive prices.
Revenue is derived from customers booking these packages through the company’s user-friendly online platforms, which facilitate easy navigation and selection of tailored holiday experiences. With over 1. 3 million holidaymakers served annually, the company has established a significant presence in the European travel market, generating substantial turnover through its flagship offerings. Sunweb Group plans to enhance its product offerings with the introduction of new travel packages designed to cater to emerging consumer trends.
Targeting further expansion in the Scandinavian market by 2022, the company aims to leverage its recent acquisition to bolster its market position. The funding from the acquisition deal in December 2018 will be utilized to support these strategic initiatives, allowing Sunweb Group to innovate and reach a broader customer base.
Current Investors
Triton
Primary Industry
Travel & Leisure
Sub Industries
Travel & Tourism
Website
www.sunwebgroup.com/
Company Stage
Mature
Total Amount Raised
Subscriber access only
Sunweb Group Netherlands B.V. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Sunweb Group Netherlands B.V. | - | ||||||||
| Buyout | Completed | Sunweb Group Netherlands B.V. | - |
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