Holiday Extras is reportedly considering a move to go public five years after a management buyout, which valued the firm at around £100 million.
Citing industry sources, Sky News said the timing and sizing of the stock market floatation were yet to be determined, adding it was unclear if advisors had been appointed to work with the company on the possible move.
In 2018, the holiday essentials specialist completed a management buyout, which valued the company at close to £100 million and placed 55% of the firm’s equity into an employee benefit trust.
A Holiday Extras spokesperson told Sky News: "Holiday Extras has enjoyed a spectacular recovery in the year since travel restrictions were lifted, with our best ever results in our forty-year history [during the] financial year that ended in April.
"We are always actively exploring opportunities to accelerate our growth, including talking to potential investors and a potential listing. Although we have discussed a listing we currently have no concrete plans to IPO."
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