Luxury tour operator Scott Dunn, which is backed by Inflexion private equity, has acquired Country Holidays, a Singapore-based holiday operator.
The acquisition makes Scott Dunn the largest bespoke tour operator in Asia.
It is Scott Dunn’s second add-on acquisition since Inflexion backed the business in 2014 and follows its acquisition of San Diego-based Aardvark Safaris in 2016.
Country Holidays was founded in 1994 by Theng Hwee Chang and provides bespoke holidays to over 100 destinations worldwide. In addition to its Singapore headquarters, the business has offices in Hong Kong, Beijing, Shanghai and Dubai, which together employ more than 50 people.
The business will be rebranded as Scott Dunn over the next 12 months, with the teams merging and Theng Hwee becoming CEO of Scott Dunn Asia.
Simon Russell, CEO of Scott Dunn, said: “Following our success in North America, we are turning attention to Asia. Acquiring an operator as established and reputable as Country Holidays step-changes our access to a market with a huge demand for luxury travel experiences. Country Holidays’ product portfolio and service ethic is the perfect fit for Scott Dunn. We look forward to rapidly capitalising on our combined position as the largest luxury tailormade travel business in Asia and continuing to offer our guests 24/7 service over the phone.”
Simon Turner, Managing Partner at Inflexion, added: “In the three years since we partnered with Scott Dunn, we have worked with management to successfully expand the premium brand into the US and Asia. We have also enhanced the firm’s digital presence, creating a better guest experience and supporting sales growth. We look forward to integrating the Country Holidays business to further cater to the tremendous opportunity there.”