ECI announces sale of Travel Chapter for a 2.6x return

10/01/2022
Read Time: 2 Min

We’re delighted to announce the completion of the successful sale of Travel Chapter, the leading platform for high-quality self-catering holiday rentals, to the management team, supported by investment from ICG. 

Travel Chapter is one of the UK’s leading holiday rental platforms, offering a wide selection of c.8,000 high quality properties across the UK. It has a number of consumer brands including its flagship brand Holidaycottages.co.uk and specialist lifestyle and regional brands such as Canine Cottages and Cottages & Castles, all focused on delivering exceptional customer service. 

ECI partnered with Travel Chapter in 2018, and since then the business has grown strongly, both organically and through completing seven acquisitions, significantly expanding its geographic footprint and the number of high-quality properties it has available. In June 2021, the business made its largest acquisition to date, acquiring the award-winning Sally’s Cottages brand, which boasts over 500 properties in the Lake District.

“ECI have been highly supportive in helping Travel Chapter deliver on both organic and acquisitive growth. Our shared alignment on the importance of both owners and customers helped us to attract fantastic new properties and continue to deliver our exceptional customer service as we have scaled. I’d like to thank them for a successful partnership and I look forward to working with ICG over the coming years as we continue to deliver on the growth potential of the Travel Chapter brands.”

Jayne McClure

CEO, Travel Chapter

“Jayne and the team have done a fantastic job building the business through both M&A and organic growth and shown great leadership of a resilient business against a challenging Covid backdrop. Travel Chapter’s focus on high quality properties and excellent owner and customer service means they are really well placed to benefit from the enhanced long-term growth trends in the staycation sector. We wish the team all the very best for the future.”

George Moss

Partner, ECI

“We are delighted to partner with Travel Chapter’s exceptional management team, who have succeeded in building a market leading holiday rental platform, offering fantastic service to both property owners and customers. We believe there is huge further growth potential for the business and we are looking forward to working with Jayne and the wider management team in the next exciting stage in Travel Chapter’s journey.”

James Roddis

Managing Director, ICG

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