Secret Escapes has acquired the intellectual property of Laterooms following the collapse of its owner and has also acquired the Irish travel website Pigsback. Having also appointed Andy Botha as CFO, the business which generated sales of £121.1 million in 2018, the business is understood to be preparing for a fundraising round. Secret Escapes was formed in 2011 by Alex Saint to offer low cost deals for luxury holidays and is backed by Merian Global Investors, Atlas, Google Ventures and Octopus.
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