Intrepid Travel Acquires Dutch Tour Operator Sawadee Reizen from Travelopia

February 4, 2025

Melbourne-based Intrepid Travel has acquired Amsterdam-based Sawadee Reizen from Travelopia. The deal — Intrepid's largest to date — adds about 20,000 customers, roughly AUS $100 million (US $62 million) of revenue and increases EBITDA by about €3 million, helping Intrepid expand into non-English speaking European markets, particularly the Netherlands.

Buyers
Intrepid Travel
Targets
Sawadee Reizen
Sellers
Travelopia
Location
North Holland, Netherlands
Transaction Type
Buyout

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