MidOcean Partners acquires assets of Holiday Group
U.S. private equity firm MidOcean Partners has acquired the assets of Holiday Group Inc, a Montréal-based licensed luggage, bag and travel accessory maker and distributor in Canada. No financial terms were released for the deal, which includes Holiday's U.S.-based affiliate Travelpro International Inc. The two companies operate together under the Travelpro Group banner. With the deal, Blake Lipham, a management affiliate of MidOcean, has assumed the role of CEO of Travelpro Group. MidOcean said it sees opportunities to continue the company's growth trajectory, including through strategic acquisitions.
24 May 2016•4 mins read
