Skip to content

smarTours

The Deal

Bought By
Greg Geronemus and David Rosner
Year
2013
Vehicle
Footbridge Partners, the searchers' own vehicle, which became their investment firm
Kind
Services

A New York tour operator selling curated, pre-packaged trips to distant destinations directly to travelers.

What Happened Next

Recapitalized by Summit Park in 2017 with both co-chief executives staying to lead it, by the investor's own release; their firm's team page says they found, bought, ran and sold it and served as co-chief executives from 2013 to 2019.

They recapitalized 4 years in, in 2017, without handing over the company.

The exit ends of journeys like this one, where the buyer has announced the purchase itself, are on Buyers.

Backed by the Same Firms

Relay Investments

Method & Source

This record is double-sourced: it joined when the purchase and, where the company has traded on, the exit could both be read in primary accounts.