Participations in progress

Intermèdes - Sparring Capital


Investment: 01.2019
Activity: Cultural travel operator

Intermèdes was founded in 1994 by Michel Olivier and François Labbé and is now the leader in the cultural travel market, presenting the most comprehensive and diversified offer. As a specialist in travel accompanied by a lecturer, the company controls its entire offer, from design to direct multi-channel sales.

Buoyed by the loyalty of its customers, the quality of its scheduling and lecturers, as well as the Group’s development on specific themes, Intermèdes has experienced sustained growth for several years, with sales exceeding €30m for 2018, across all the Group’s brands (Intermèdes, Hémérys, Sentiers des Arts, Orients and Terre Entière).