Inflexion bids adieu to luxury travel operator Scott Dunn

• Inflexion assisted Scott Dunn in its organic and acquisitive expansion into the US and Asia during its investment period
• The firm acquired a majority stake in Scott Dunn in 2014
• London-headquartered Inflexion is a mid-market private equity firm that manages around £7.1bn of assets

Inflexion has sold its investment in Scott Dunn to Flight Centre Travel Group (FLT), a listed travel agency in Australia.

FLT will acquire Scott Dunn for an enterprise value of £121 million ($149.17 million; €137.23 million), as per FLT’s statement to the Australian Securities Exchange.

The completion of the acquisition is expected to be before February-end.

London-headquartered Scott Dunn is a luxury travel operator, with offices in San Diego, and Singapore.

During Inflexion’s investment period, the firm assisted Scott Dunn in its organic and acquisitive expansion into the US and Asia, widening the firm’s geographic footprint and enabling a 24-hour guest service.

“The business has come out of the pandemic in a strong position and is well placed to continue to grow further in the UK and across the globe,” said Simon Turner, managing partner at Inflexion.

Inflexion acquired a majority stake in Scott Dunn in 2014.

Flight Centre Travel group is headquartered in Brisbane, Australia. The firm has a market capitalisation in the order of A$3.6 billion.

London-headquartered Inflexion is a mid-market private equity firm with funds under management of around £7.1 billion. It invests £10 million to £400 million of equity in each deal and has offices in Manchester and Amsterdam.