BDO has provided strategic buy-side support for Piper, a UK Private Equity investor, on its investment in Rabbie’s, the UK’s leading operator of small group tours across the UK & Ireland.
Rabbie’s, the Edinburgh based business, organises tours across the UK with its fleet of c.100 luxury mini-coaches and knowledgeable tour guides and has partnerships in Ireland and Europe. Its brand satisfaction is unmatched amongst customers, priming the business to capture the elevated post-pandemic demand for quality UK tours.
Piper will work with the incumbent management team to grow the company’s brand by taking advantage of its leading position in a recovering travel market and continue to drive its long-term stellar growth profile through investment that focuses on additional departure points and larger itineraries.
"We were very pleased with the quality of work BDO produced for us. The team clearly demonstrated its deep travel sector knowledge and comprehensive understanding of the wider leisure space, solidifying in our minds its position as a leading adviser on UK leisure deals. For these reasons, we would highly recommend the team."
Dan Stern, Partner, Piper Private Equity