Virgin Experience Days to Inflexion Private Equity
We have completed the £30m sale of Virgin Experience Days to Inflexion Private Equity.
Acorne Ltd, which trades under the Virgin brand as Virgin Experience Days, pioneered the experience gift voucher market and has seen enormous success over the last 10 years reaching £50m in turnover during 2017.
The deal represents an exit for its founders Richard Gyselynck and Andrew Dent and the chance for the existing management team, alongside Inflexion, to accelerate growth in both the B2C and B2B divisions.
Commenting on the deal process Andrew and Richard said
The Bishopsgate Corporate Finance team was led by Simon Stephenson and James McBain Allan.
- £30m Sale
- Accelerate growth in both B2C and B2B divisions
- £50m turnover during 2017