JacTravel Is UK’s Top Travel Company in the Sunday Times Buyout Track 100
JacTravel has received the highest listing of any travel company in the Sunday Times Buyout Track 100.
The Sunday Times Buyout Track 100 league table ranksBritain's 100 mid-market private equity-backed companies with the fastest-growing earnings (before interest, tax, depreciation and amortisation -EBITDA) over their latest 2 years of available accounts. From 2009 to 2011, JacTravel grew its sales 47% from £70m to £103m and its EBITDA 258% in the same period. During this time, it also created 28 new jobs. The growth has come from winning a number of prestigious overseas trade accounts and from strong growth in online bookings.
Mark Salter, Senior Partner at Bowmark Capital, which owns 51% of JacTravel, said: “The management team has done a very impressive job. When we backed this business, we set some ambitious targets and I’m delighted to see that our expectations have been more than met.”