Rezdy has been acquired by a US private equity fund, marking a significant exit for EVP Fund I and positioning the company for further growth in international markets.
Information on the Target
Rezdy, a prominent booking and distribution platform specializing in the global tours and activities sector, has been recognized as a leader in its industry. Established to provide operators and agents with a robust tool for managing bookings, Rezdy has gained a reputation for its user-friendly interface and reliable service. Over the years, the company has evolved significantly since the initial investment by EVP Fund I in 2017, catalyzing its growth and establishing a solid market presence.
This acquisition by a US private equity fund not only marks a successful exit for EVP Fund I but also signifies the trust and confidence that institutional investors have in Rezdy's business model and growth potential. The Rezdy team, under the leadership of Simon Lenoir, Chris Atkin, and Kevin Fisher, has been instrumental in this journey, demonstrating their capability to navigate the competitive landscape effectively.
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Industry Overview in Australia
The tourism and activities sector in Australia has experienced steady growth, bolstered by an influx of domestic and international tourists. This growth has been further accelerated by digital transformatio
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US Private Equity Fund
invested in
Rezdy
in 2023
in a Other Private Equity deal