Online Travel Agents

Leisure & Luxury

Invested: 2016

Otravo (Online Travel Organization) was created at the start of 2014, resulting from the merger of Vliegtickets and WTC. Schipholtickets was added to the company in December 2015. In February 2016 Waterland Private Equity acquired a majority holding in Otravo, with the goal of making it one of the leading European online travel agencies through a combination of organic growth and acquisitions. This led to the acquisition of Flygstolen (Nordics) in July 2016, VakantieDiscounter (Benelux) in February 2017 and Interneto Partneris (Baltics) in October 2017. Travelgenio was added to the group in May 2018, with the result that Otravo now sells more than 3 million trips (tickets and package holidays) per year and on this basis generates an annual turnover of almost 2 billion euros in gross sales.

Waterland is supporting Otravo in the realization of its growth targets.

More information: www.otravo.com

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