Mr. Ryan Jenkins has acquired DenEesti OÜ, the leading shore service provider for cruise ships in Tallinn, with backing from BPM Mezzanine Fund, signaling a strategic investment in a growing cruise market.

Information on the Target

DenEesti OÜ, led by Managing Director Mr. Ryan Jenkins, has been acquired in its entirety, marking a significant milestone in the company's history. DenEesti is a premier provider of shore services for cruise ships in Tallinn, boasting a stellar reputation and strong relationships with key clients that include major cruise companies worldwide. With nearly two decades of operation, DenEesti has established itself as the foremost cruise shore excursion operator in Tallinn, handling the most ship calls each year. Besides Tallinn and St. Petersburg, DenEesti offers its services in additional locations such as Saaremaa, Pärnu, Riga, and Klaipeda.

Industry Overview in the Target’s Specific Country

The cruise industry in the Baltic region, particularly in Estonia, has shown remarkable growth, driven by increasing tourist arrivals and the rising popularity of cruises among travelers. Estonia's strategic geographical position makes it a prime destination for cruise operators, fostering substantial economic benefits through tourism. The local ports are well-equipped to accommodate a growing number of ships, providing key services that enhance the cruising experience.

Moreover, the Baltic Sea is home to several cultural and historical attractions, making it an appealing destination for international cruise companies. The region's cities, known for their rich heritage and v