InfraVia has signed an agreement with Apax to acquire a majority stake in Sandaya, a leading outdoor hospitality company in France, aimed at accelerating its growth domestically and internationally.
Target Company Overview
InfraVia has announced a deal with Apax for the acquisition of a majority stake in Sandaya, one of France's leading outdoor hospitality firms, alongside its two founders. Since Apax's initial investment in 2016, Sandaya has tripled its revenue. With InfraVia's support as a new shareholder, Sandaya plans to continue its development and accelerate growth both in France and internationally.
Company Background
Founded in 2011 by experienced entrepreneurs François Georges and Xavier Guilbert, Sandaya operates 30 campgrounds across France, Spain, and Belgium, all positioned in the 4 and 5-star segments and located in exceptional sites. Sandaya has established a robust digital platform, significantly enhancing its online booking capabilities, with nearly 60% of reservations completed online in 2020. This digital transformation, combined with the agility of its team and premium positioning, enabled Sandaya to withstand challenges during the COVID pandemic effectively.
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Moreover, Sandaya has implemented an ambitious Corporate Social Responsibility (CSR) plan, focusing on conserving natural resources, protecting landscapes
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InfraVia
invested in
Sandaya
in 2023
in a Late-Stage VC deal