Loveholidays £1bn IPO ‘could come as early as March’

A £1 billion initial public offering (IPO) for loveholidays could be unveiled as early as March.

Sky News reported that it has learnt that Investec is working alongside Barclays and JP Morgan on the potential stock market debut for the OTA.

The syndicate of banks is understood to be preparing to help launch a spring stock market listing in London.

While a March launch date was being prepared for, it could yet be delayed depending on market conditions, an “insider” reportedly said.

Loveholidays has been backed by private equity firm Livingbridge since 2018, and has seen its financial performance improve since the Covid pandemic.

The OTA reportedly saw pre-tax profits rise by a fifth to £67.6 million on sales of £284 million in the year to October 2024.

Founded in 2012, the company organised the holidays of more than five million people in 2024.

It also operates in Ireland, Austria, Germany and the Netherlands.

Livingbridge is also working with Rothschild to help coordinate plans for the IPO, according to Sky News.

Both Loveholidays and Livingbridge declined to comment to the news organisation.

However, accountancy and business advisory firm BDO has predicted that this year’s merger and acquisition (M&A) activity will involve companies including Loveholidays, Travelopia and Audley Travel.