Travel Adventure Tour Operator Services sector
Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Travel Adventure Tour Operator Services
1.1 - About Travel Adventure Tour Operator Services sector
Companies in Travel Adventure Tour Operator Services design, market, and run guided outdoor trips spanning hiking, trekking, camping, and multi-activity adventures. They assemble end‑to‑end itineraries with permits, transportation, lodging, gear, and expert guides, delivering safe, seamless, and memorable wilderness experiences. Buyers rely on these operators for curated routes, risk management, local partnerships, and sustainable practices that reduce planning complexity and elevate trip quality across remote and iconic destinations.
Offerings typically include guided day hikes and multi‑day trekking expeditions. Many operators run camping tours where they handle campsite setup and wilderness catering, and they may add specialized mountaineering or via ferrata experiences. They manage route design and permit procurement, fit travelers with rental equipment, and oversee safety with certified guides and emergency protocols. Teams coordinate transport shuttles and lodge or tented stays, provide digital booking and trip management, and embed sustainability and cultural experiences throughout itineraries.
Core customers include leisure travelers and outdoor enthusiasts, corporate and incentive groups, and school or youth organizations. These operators deliver reduced planning time and regulatory compliance, higher safety and risk controls, improved guest satisfaction scores, and stronger repeat bookings. Their bundled logistics and expert guiding increase destination access and trip reliability, enabling partners and resellers to expand product breadth without building on‑the‑ground capabilities in remote regions.
2. Buyers in the Travel Adventure Tour Operator Services sector
2.1 Top strategic acquirers of Travel Adventure Tour Operator Services companies
Under Canvas
- Description: Provider of upscale glamping experiences at and near U.S. national parks, featuring luxury canvas tents equipped with king beds, plush linens, ensuite or shared bathrooms, wood-burning stoves, private decks, plus on-site dining, curated camp programming and dedicated experience coordinators for customized outdoor adventures.
- Key Products:
- Suite Tent: Canvas accommodation with king bed, private bathroom, lounge area with queen sofa-bed, private deck and wood stove, ideal for families seeking luxury outdoors
- Stargazer Tent: Deluxe-equivalent tent adding a night-sky viewing window above the king bed, ensuite bath, wood stove and deck for couples wanting celestial vistas
- Deluxe Tent: King-bed tent offering private ensuite with shower, sink and flushing toilet, private deck and wood-burning stove for comfortable two-person stays
- Safari Tent: King-bed canvas tent with wood stove and nearby bathhouse containing private hot showers, flushing toilets and sinks, providing classic safari-style lodging at lower price point.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
2.2 - Strategic buyer groups for Travel Adventure Tour Operator Services sector
M&A buyer group 1: Tour Operators
Voyageurs du Monde
- Type: N/A
- Employees: ●●●●●
- Description: Provider of tailor-made travel holidays delivering personalised itineraries to almost 70 destinations for mainly British and US clients, supported by 90+ concierges, airport lounge and fast-track services, and specialist dive trips through its Original Diving team, all aimed at offering refined, authentically local experiences with an inimitable British touch.
- Key Products:
- Tailor-Made Holidays: Bespoke trip design to nearly 70 destinations, leveraging destination specialists who profile clients and build fully customised itineraries for unforgettable travel experiences
- Concierge & Airport Services: Suite of more than 90 concierges plus lounge access and airport fast-track that smooths every stage of the journey and adds exclusive, on-call support while travelling
- Original Diving Holidays: Dive itineraries crafted by marine biologists and dive masters providing expert-led site selection, safety guidance and personalised underwater adventures
- Family Travel Offer: Dedicated programme launched in 2008 creating family-friendly trips with activities, accommodations and logistics tailored to multi-generational needs.
Buyer group 2: ████████ ████████
●● companiesBuyer group 3: ████████ ████████
●● companies3. Investors and private equity firms in Travel Adventure Tour Operator Services sector
3.1 - Buyout funds in the Travel Adventure Tour Operator Services sector
2.2 - Strategic buyer groups for Travel Adventure Tour Operator Services sector
4 - Top valuation comps for Travel Adventure Tour Operator Services companies
4.2 - Public trading comparable groups for Travel Adventure Tour Operator Services sector
Valuation benchmark group 1: Online Travel Booking and Management Companies
Trip.com Group
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of online travel services, offering hotel accommodations, airline tickets, train tickets, and tour packages through a multilingual platform to customers globally, with a focus on convenience and comprehensive travel solutions.
- Key Products:
- Hotel Accommodations: Booking services for a wide range of hotels worldwide
- Airline Tickets: Comprehensive ticketing solutions for domestic and international flights
- Train Tickets: Convenient booking options for train travel across regions
- Tour Packages: Customizable tour packages for various destinations
- Car Rentals: Vehicle rental services for travelers' convenience