News: ECI Partners takes controlling stake in Amber Travel
ECI Partners, the united kingdom growth focused mid-market private equity firm, has taken a majority stake in premium rail travel company, Amber Travel. The transaction values the business at over £50 million and represents a successful exit for Primary Capital who invested in Amber in 2005. With a turnover of £67 million once a year, York-based Amber Travel is the UK’s leading specialist, rail tour business, offering escorted group holidays to destinations world wide. The business is growing strongly with turnover growth of over 20 per cent anticipated in 2013. Established in 1980, the corporate now offers 300 different itineraries across 40 countries, starting from Europe to Africa, North America, Asia, Russia and Australia. Last year, 50,000 customers went on an Amber rail holiday. The company’s strong concentrate on customer...
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