Phoenix Equity Partners ("Phoenix") has made a significant investment in The Travel Chapter Group (“Travel Chapter”) alongside current CEO, James Morris, who has made a substantial reinvestment in the business as part of the transaction.
Travel Chapter is a leading online marketing platform for holiday lettings in the UK. Through its sophisticated marketing capabilities and highly rated customer service model, Travel Chapter provides a compelling holiday lettings proposition to property owners and customers alike. Travel Chapter’s flagship brand is Holidaycottages.co.uk. The business currently manages over 2,200 high quality self-catering holiday properties throughout the UK and expects to deliver over 55,000 bookings this year. The business was founded by the Morris family in 1989 and has achieved significant growth under James Morris’ leadership.
Liberty Corporate Finance advised James Morris and the wider management team on the transaction.
James Morris, CEO of Travel Chapter, commented: “In recent years we have built our family owned business into one of the UK’s leading holiday lettings companies. We have a strong team in place and a range of exciting growth opportunities. We are pleased to be partnering with Phoenix, who share our ambition for growth and will support us to deliver our plan.” James added: “Liberty's detailed knowledge of the market provides the reassurance you need. Mick was always available to advise me and the management team whenever we had queries and helped deliver a smooth, efficient process. It was a pleasure dealing with Liberty and I would use them in the future.”