News Article

Travel operator in Chester raises 3.7m in funding

11 October 2021

Chester-headquartered online travel operator Travcorp Holdings has secured £3.7m in equity funding led by growth capital investor BGF. 

The travel company specialises in packaged holidays and hotels through its consumer brands, Destination2 and HolidayGems, and with BGF’s backing will be supported by a significant co-investment in its management team. 

The investment will be used to support the company with its recruitment plans and enable the business to continue with its investment in technology, marketing and targeting new destinations. 

The deal was led by investors in BGF’s North West team, Harry Jones and Spencer Woods. Woods will join the board as part of the deal. 

The travel company has also appointed Andrew Shapin to the board as Non-Executive Director who joins with experience as the founder of The Cotswold Company and CEO of Long Tall Sally.

Andrew Shapin has been appointed to the board as Non-Executive Director, bringing significant expertise in direct-to-consumer digital brands from his tenures as the founder of The Cotswold Company and as CEO of womenswear brand Long Tall Sally. 

Read more at: Prolific North