Flight Centre Travel Group has agreed to acquire Scott Dunn from private equity firm Inflexion. The acquisition provides Flight Centre with a scalable entry point into the UK and US luxury travel markets. Flight Centre funded the deal through a �102 million equity raise underwritten by Macquarie and UBS, plus existing cash. This marks a successful exit for Inflexion, which had owned Scott Dunn since 2014 and supported its expansion into the US and Asia via acquisitions (Aardvark Safaris, Country Holidays).

This transaction is part of the Retail & Consumer industry, which currently tracks an average EBITDA multiple of 10.9x since the beginning of 2026, 11.3% decrease compared to 2025. This data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.