Luxury villa specialist Oliver’s Travels is looking to acquire more businesses after securing its first loan facility from Santander.
It said this “strategic” financial partnership represents a “key milestone” in Oliver’s Travels’ growth and long-term expansion plans.
The privately owned company said it has partnered with Santander to support its “ambitious acquisition strategy”.
This follows a year in which Oliver’s Travels completed three key acquisitions, which included Charming Houses and Homes and Provence, strengthening its presence in the French luxury villa market; and Menorca Private Owners, enhancing its offering in the Balearic Islands.
Oliver Bell, co-founder of Oliver’s Travels, commented: “We’re thrilled to have secured our first loan from Santander as part of our ongoing growth strategy.
“Following three successful acquisitions last year, and more in the pipeline, this marks a significant milestone that empowers us to scale faster and pursue new opportunities with confidence.”
David Muse, director of growth capital at Santander, added: “We’re delighted to support Oliver Travels with funding for its international expansion plans which will help the business grow its portfolio of luxury holiday rental properties in new locations.”
With further acquisitions planned, this funding will enable Oliver’s Travels to further scale its operations, enter new markets and enhance its luxury offering worldwide.