May 28, 2024

Risk Capital Partners invests in Simpson Travel

March 2024

Risk Capital Partners has taken a majority stake in specialist tour operator Simpson Travel. The operator offers luxury villas, boutique hotels and apartments across the Mediterranean, with a particular focus on Greece, Turkey, Mallorca, Corsica, France and Italy.

Former Hotelplan UK chief executive Paul Carter will become the company’s chairman following the deal, while Ed Pyke will step up from operations director to become managing director.

Founder Graham Simpson will remain as an advisor to the board, while his two sons, Mathew and Daniel, and daughter Hannah will continue in their roles of product director, commercial director and head of trade sales, respectively.

Risk Capital Partners’ involvement in travel has included successful investments in Neilson Active Holidays, Cruise.co.uk, and Elegant Hotels Group plc.

Ed Pyke said: “I am thrilled to be stepping up to the role of managing director at this pivotal time in the company’s history.  We have seen record years in 2023 and 2024 to date, as bookings exceed pre-pandemic levels.

“As one of the UK’s most respected specialist tour operators I recognise the firm foundations and reputation for excellence that Graham has established for Simpson Travel and look forward to building on his legacy to take the company forward.

“The investment and backing of RCP affords a wonderful opportunity to push on with our ambitious growth plans; I am enormously proud of all that we have achieved to date and hugely excited for the future.”

Graham Simpson said: “I am delighted that RCP are joining the team. There is no doubt their backing presents an exciting prospect. They are as passionate as I am about the future of Simpson Travel and I know that our founding principles will remain at the heart of the business.

“Our reputation is built upon exceptional service and the distinctive quality of our accommodation and I look forward to watching the business go from strength to strength under the leadership of an outstanding management team.”

Luke Johnson added: “We believe Simpson Travel is a terrific brand with a tremendously loyal customer base. We look forward to supporting Ed and the management team in their ambitious plans to develop the business.”