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IK Small Cap I Fund divests Touristry Group to TGH

April 20, 2018 M&A

Vinge has advised IK Small Cap I Fund in connection with the divestment of Touristry Group Holding AB, a market leading operator of sightseeing buses and boats and a provider of tourism related services, to Amsterdam-based Tourism Group Holding B.V. (“TGH”).

Touristry is a market leading provider of tourism related services in the Nordics, primarily focused on bus and boat sightseeing (“Hop-On, Hop-Off”). Headquartered in Stockholm, the company has grown rapidly by expanding with its main brands Red Buses and Red Sightseeing and today provides services to over 2 million tourists per year in the Nordic region. 

Vinge’s team consisted of, among others, Partner Jonas Bergström together with associates Filip Öhrner and Michaela Cronemy.
 

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