We are pleased to announce the acquisition of Cruiseline, in partnership with its management team, led by Pierre Pelissier since 2012.
Based in Monaco, Cruiseline is a leader in the online sale of cruises in the Mediterranean, North Sea, Latin America, and the Caribbean.
With nearly €200 million in annual revenues, more than 170,000 passengers transported per year, and more than 50 partner cruise lines; Cruiseline is the leading online cruise retailer in France, Spain, Italy, Colombia, Mexico, Argentina, and Chile. The company operates under several brands, including Croisières.fr, Croisières.com, Cruceros.com, Crociere.com, Cruise.us and Kreuzfahrtenplanet.com.
Its call centre in Monaco, housing over 300 employees, is backed up by platforms in Madrid, Buenos Aires, and more recently Cancún.
With Perwyn’s support, Cruiseline intends to continue its expansion into new geographies to take advantage of the growing interest in cruises and the growth in online travel sales.
Cruiseline also intends to support its operator partners in their commitment to ecological transition, by supporting large investments in new vessels equipped with increasingly efficient and modern technologies to reduce their impact on the environment.
Pierre Pelissier, Chairman of Cruiseline said: “I would like to extend my warmest thanks to Tikehau Capital for their contribution over the last few years. Their financial support and vision will leave an indelible mark on all our teams. I am also very grateful to Montefiore. Their strategic support has enabled us to take leading positions in a number of markets and we are stronger today than we were before Covid-19. We are very excited to be entering a new phase of development with Perwyn. We are convinced that their flexibility in terms of investment horizon, their considerable financial capacity and, above all, the high quality of their teams are all assets for Cruiseline.”
Mathieu Antonini, Head of France at Perwyn said: This deal is a perfect illustration of Perwyn’s ambition: to partner with exceptional entrepreneurs and management teams to support them in a new phase of growth. We are delighted to become Cruiseline’s preferred partner. With its outstanding management team, led by Pierre Pelissier, our aim is to strengthen Cruiseline’s leading position in Southern Europe and Latin America, while exploring new opportunities for growth and geographical expansion. We will also place innovation and sustainability at the heart of our ambitions, with a particular focus on promoting green technologies in the cruise industry. We look forward to working closely with Pierre Pelissier and the entire Cruiseline team.”