Tour Operator Intrepid Travel Gets Large Minority Investment from French Investor
Photo Caption: James Thorton, CEO, Intrepid Travel speaking to tour guides in India. Intrepid Travel
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This investment in Intrepid caps intense interest from private equity investors in the multi-day tour operator sector over the last few years, and the expected post-pandemic travel boom will likely see many more such deals happen.
One of the largest adventure tour operators, Intrepid Travel, has secured a minority but substantial investment from French-based family investment company Genairgy, owned by Julien Leclercq, a board member and shareholder of Decathlon, one of the largest sports retailers globally.
This investment follows many years of Intrepid exploring strategic options for further growth for the company, including diligence with many private equity firms along the way. Intrepid has pioneered small-group experiential adventure travel in many ways through the three decades of its existence.
A spokesperson for Intrepid Travel, based in Australia,
