Traveljigsaw

Sector
Consumer
Status
Realised
Deal Type
Development Capital

International online B2C car hire broker, delivering a multi lingual online and call centre service to customers from over 20 source countries, to over 75 destinations worldwide.

Traveljigsaw sells into countries spanning Europe, Australia and South Africa via local language websites and a call centre based in Manchester. ISIS backed the MBO of TravelJigsaw in 2008.

"ISIS demonstrated its experience and understanding of the travel and online sectors from day one. They were able to empathise strongly with the challenges we face in a fast growing business and we knew at an early stage that they were the right partner for us."

Greg Wills, CEO

"It has been a privilege to work with Greg and the team in the development of TravelJigsaw. The business has delivered fantastic growth through the severest economic downturn in decades by relentlessly focusing on its proposition to customers and suppliers through skilful yield management. We are delighted with our return and are sure that TravelJigsaw will thrive under Priceline's ownership."

Adam Holloway, ISIS

Timeline:

2008 ISIS invests in Traveljigsaw
2010 TravelJigsaw benefits from a multi-million pound refinancing following strong trading levels
2010 TravelJigsaw is bought by Priceline.com