Tamarix Capital Partners II, L.P. (“TCP”) announced that it has provided financing in support of a private equity firm’s (the “Sponsor”) majority recapitalization of a B2B luxury travel service provider (the “Company”).
The Company has developed a strong reputation in the travel industry, helping North Americans with a variety of services related to their international travel needs. Mark Hauser, Managing Partner at TCP, said “The Company is an innovative market leader in the travel industry, and we are pleased to partner with the founding family and Sponsor to support the next phase of the Company’s growth.”
About Tamarix Capital Partners II, L.P. TCP works with business owners and management teams, as well as search funds, independent sponsors, family offices and private equity sponsors to finance growth strategies, changes of control transactions, acquisitions, and recapitalizations. We provide debt and minority equity investments to companies with $3 – $15 million of EBITDA and typically invest $5 – $25 million in each business, with the ability to lead larger transactions. TCP is part of the Tamarix platform, which was founded in 1993, and is managed by seasoned investment professionals that have cumulatively invested over $3.5 billion in more than 225 companies.