Pale Fire Capital SE and Posella Limited have acquired Fly.pl, a rapidly growing travel package comparison platform in Poland, to enhance its market position and accelerate growth.
Target Company Overview
Pale Fire Capital SE (PFC) and Posella Limited have successfully acquired 100% equity in Fly.pl, an independent and rapidly growing travel package comparison platform based in Warsaw, Poland. Established in 2018, Fly.pl aims to provide Polish consumers with competitive and up-to-date offers from leading providers, effectively revolutionizing the way travel packages are compared and purchased.
In just two years, Fly.pl has demonstrated impressive growth, achieving a compound annual growth rate (CAGR) of over 30%. Over the past twelve months, the platform has processed transactions exceeding 100 million PLN, showcasing its substantial market presence. The acquisition underscores the company’s ambitious vision to further enhance its service offerings.
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Industry Overview in Poland
The travel and tourism industry in Poland has been experiencing significant transformation, particularly in the realm of digital services. As more consumers opt for online solutions to plan and book thei
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Pale Fire Capital SE and Posella Limited
invested in
Fly.pl
in 2024
in a Buy & Build / Roll-Up deal
Disclosed details
Revenue: $25M