Advance Capital Partners has acquired Unitur, a leading tourism company in Slovenia, enhancing its position in the growing hospitality sector.
Information on the Target
Advance Capital Partners has successfully acquired Unitur, which is recognized as one of Slovenia's largest tourism companies. This acquisition represents a significant step for the Slovenian private equity fund manager within the leisure and hospitality industry. The transaction, finalized after receiving regulatory approval from the Agency for the Protection of Competition, entails the assumption of Unitur’s financial liabilities. The seller of Unitur is Unior, a local manufacturer specializing in hand tools. The specifics of the purchase price remain undisclosed but it grants Advance Capital full ownership of a diverse portfolio that includes prominent assets such as the Rogla ski resort, Terme Zrece spa, and several hotels and wellness facilities.
Industry Overview in Slovenia
The tourism industry in Slovenia has shown robust growth, benefiting from the country’s scenic landscapes, rich cultural heritage, and commitment to sustainability. The sector has been a focal point for economic development, contributing significantly to Slovenia's GDP and employment rates. Notably, the government has implemented measures aimed at enhancing the tourism infrastructure, which includes investments in transport and hospitality, further solidifying Slovenia's position as a destination of choice for both domestic and international travelers.
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Slovenia's strategic location at the crossroads of several European countries makes it an attractive destination. The country's emphasis on green tourism and eco-friendly practices has attracted a growing number of visito
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Advance Capital Partners
invested in
Unitur
in
in a Buyout deal