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June 05, 2007

French Online Travel's Go Voyages Raises Euros55M For Buyout

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European Capital (LSE: ECAS) has invested euro 55Min Go Voyages, an online travel agent in France. European Capital's investment supports the acquisition of Go Voyages by Financiere Agache Private Equity and takes the form of senior and junior mezzanine bonds plus common equity.

Founded in 1997 and with 300 employees, Go Voyages markets scheduled airline tickets, charter
flights, car rentals, hotel accommodations and packages. Its primary focus is on low-cost scheduled flights (its homepage promotes the Polish airliner LOT most prominently.

Read - announcement

Posted on June 5, 2007 07:28 PM | Posted to eCommerce | Permalink

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