Matrix invests £4.3M in MBO and recapitalisation of Iglu.com

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
 
ACQUISITION 
Management buyout and recapitalisation

FDN Database Reference:  F231109-275
 
Acquirer:  Matrix Private Equity Partners
ACQ Web:  http://www.matrixgroup.co.uk
Location:  United Kingdom, London
Region:  Europe
Description:  Venture Capital Trust Manager and UK small buyout specialist. Specialise in backing in quality companies with quality management teams, making equity investments of £2m to £7m, in typical transaction sizes of £5m – £20m
Category:  Private Equity
Contact:  Guy Blackburn (guy.blackburn@matrixgroup.co.uk)

Vendor:  Iglu.com
Vendor Web:  http://www.iglu.com
Location:  United Kingdom, London, Wimbledon
Region:  Europe
Description:  Internet based travel agency specialising in the sale of ski and snowboarding holidays; villa and tropical holidays; cruise holidays; hotel accommodation; flights to Canada and Lapland holidays.
Category: Travel Agent
Contact:  Richard Downs, Managing Director
 
Aprox. Value:  Invested £4.3million in the management buyout and recapitalisation
 
Details:  Matrix Private Equity Partners have completed their fifth deal since the summer. Matrix has invested £4.3million in the management buyout and recapitalisation of Iglu.com, the London based specialist ski and cruise holiday online travel agent.

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