Big Bus Tours Sells for £600 Million in Major Deal
Big Bus Tours, the world's largest operator of city-based sightseeing tours, is being sold for an estimated £600 million.
Exponent Private Equity, which acquired the business in 2015, has hired Bank of America to advise on the sale.
The company has been extremely profitable since the pandemic and trades in multiple cities, including London, Paris, and Hong Kong.
Exponent's previous acquisition of Big Bus Tours was reported to have valued the company at about £300 million, and other buyout firms are expected to examine offers for the business.
The company has been extremely profitable since the pandemic and trades in multiple cities, including London, Paris, and Hong Kong.
Exponent's previous acquisition of Big Bus Tours was reported to have valued the company at about £300 million, and other buyout firms are expected to examine offers for the business.
