Case studies

Skyscanner

The world’s travel search engine

Highlights

  • 60m unique monthly visitors use Skyscanner to search for flights, hotels and car hire

  • 270m searches generated

  • 800+ employees worldwide

  • £1.5bn exit

Making a difference

  • As Skyscanner’s largest shareholder we built a close and trusted relationship with management from first investment in 2007

  • We helped steer the company’s growth from revenue of less than £1 million to a business generating revenues of more than £120 million in 2015

  • Active on the company’s board we influenced strategic development, including both organic growth and merger and acquisition strategy

  • We assisted with recruitment of key positions and expansion of the workforce from 28 people to more than 800 with offices in UK, Far East and US

  • We funded development of a technology platform and multi-lingual site and assisted with the launch of Skyscanner for Business which now has more than 1200 partners

  • We supported management with the acquisition by Ctrip, the NASDAQ listed leading travel service provider in China, for a consideration of £1.5 billion