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Mar 19, 2021 · Royal Caribbean Group has completed the sale of its Azamara cruise brand to Sycamore Partners, a private equity firm specializing in consumer, retail, and distribution investments. They had...
March 19, 2021. MIAMI – March 19, 2021 – Royal Caribbean Group (NYSE: RCL) (the Group) today announced it completed the sale of its Azamara brand to Sycamore Partners, a private equity firm specializing in consumer, retail and distribution investments, in an all-cash transaction for $201 million.
Mar 19, 2021 · Anne Kalosh | Mar 19, 2021. Royal Caribbean Group completed the sale of its Azamara brand to private equity firm Sycamore Partners in an all-cash $201m deal. This included Azamara's three-ship fleet — Azamara Pursuit, Azamara Quest and Azamara Journey — and associated intellectual property.
NEW YORK, January 25, 2021 – Sycamore Partners, a leading private equity firm, today announced plans for Azamara, the upmarket, boutique cruise line dedicated to Destination Immersion® experiences, to add a sister ship to the current fleet of Azamara Journey, Azamara Quest and Azamara Pursuit.
- About Royal Caribbean Group
- About Azamara
- About Sycamore Partners
Royal Caribbean Group is the operating business name for Royal Caribbean Cruises Ltd. Royal Caribbean Group is the owner and operator of three global cruise vacation brands: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. Royal Caribbean Group is also a 50% owner of a joint venture that operates TUI Cruises and Hapag-Lloyd ...
Azamara is an upmarket cruise line and the leader in Destination Immersion® experiences, presently with three mid-sized ships sailing to all seven continents of the world, with an additional fourth ship scheduled to join the fleet in 2022. The boutique-style ships allow them to reach marquee ports around the world and dock in smaller, less-visited ...
Sycamore Partners is a private equity firm based in New York. The firm specializes in consumer, distribution and retail-related investments and partners with management teams to improve the operating profitability and strategic value of their business. With approximately $10 billion in aggregate committed capital raised since its inception in 2011,...
Jan 19, 2021 · Royal Caribbean selling Azamara brand to Sycamore Partners - a private equity firm.
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Mar 19, 2021 · March 19, 2021. Royal Caribbean Group today announced it completed the sale of its Azamara brand to Sycamore Partners, a private equity firm specializing in consumer, retail and distribution investments, in an all-cash transaction for $201 million.
