Flight Centre Travel Group Acquires Iglu.com from LDC

Travel Chapter Sold to Management Team with Investment from ICG

October 1, 2022

Restaurants & Hospitality

Travel Chapter, a leading UK holiday rental platform (including Holidaycottages.co.uk), has been sold by ECI to the company’s management team with backing from ICG. The transaction represents ECI's exit and positions Travel Chapter for further growth under management and ICG's investment.

KKR Acquires Minority Stake in Etraveli Group

July 21, 2025

Cloud & SaaS

KKR's Strategic Investments Group has acquired a significant minority stake in Stockholm-based flight technology firm Etraveli Group from CVC Capital Partners. The investment will provide partnership capital to support Etraveli's continued product and geographic expansion of its Flight Tech Platform, which powers brands such as Gotogate, Mytrip and Tripstack and processes billions in annual flight sales.

ICG Acquires Lucid Group from LDC

March 10, 2021

Healthcare Services

Alternative asset manager ICG has acquired London-headquartered healthcare communications specialist Lucid Group from mid-market private equity firm LDC. Lucid, which employs around 250 staff and provides medical education, strategic consultancy and digital services to pharmaceutical clients, was backed by LDC since 2017 and grew revenues from about £12m to over £29m during the partnership.

ECI Partners Acquires Independent Governance Group (IGG)

October 30, 2024

Professional Services

ECI Partners has acquired Independent Governance Group (IGG), the UK provider of professional pensions trusteeship and governance services; LDC has exited its majority stake but has reinvested alongside ECI. Crescent Capital's European Specialty Lending strategy led the debt financing to support the transaction. IGG employs more than 200 people, serves 386 pension schemes with around £324bn of assets and will pursue further organic growth and acquisitions under ECI's ownership.

International Logistics Group (ILG) Acquires Global Freight Solutions (GFS) from Phoenix Equity Partners

February 23, 2024

Logistics & Distribution

International Logistics Group Ltd (ILG), part of the Yusen Logistics/NYK group, has acquired Global Freight Solutions (GFS) from Phoenix Equity Partners. The deal will allow GFS to accelerate development of its Enterprise Carrier Management (ECM) platform and leverage Yusen/ILG's fulfilment and global logistics capabilities to provide expanded end-to-end B2B and B2C supply chain support.

eSky Group Acquires Thomas Cook

September 5, 2024

Restaurants & Hospitality

Polish traveltech company eSky Group has acquired the Thomas Cook brand from Fosun Tourism Group to accelerate Thomas Cook's recovery and give eSky a stronger foothold in Western Europe. The deal combines Thomas Cook's brand heritage with eSky's flight inventory, dynamic packaging technology and performance marketing as eSky pushes to expand from a flight platform into a virtual tour operator offering package holidays.