Ennea Capital Partners - operator-led M&A and capital advisory for travel, transportation and hospitality

10YearsEst. 2016Operator-led · Travel · Transportation · Hospitality

A Life's Work, Fully Valued.

Sell-side advisory for well-established hotels, resorts and holiday villages in mature leisure destinations.

NewExplore Ennea Hospitality →
Years of operating experience
Transactions by our team
Closed deal value
Deal-size range
Professionals · 13 cities
— Film · Case studyFlibco × FLIX · 2025
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— 01 · What we do

Four ways we create value.

Operator-led M&A and capital advisory - from people who have built, scaled and sold their own.

01

Capital Advisory

We advise how, when and from whom to raise.

  • Equity, debt or both
  • Story and investor fit
  • Term sheet advice to close
  • Investor access worldwide
02

Buy-side M&A

Off-market deals, disciplined terms.

  • Off-market target search
  • Valuation and structuring
  • Diligence through signing
  • Integration planning
03

Sell-side M&A

Best price, terms, certainty.

  • Positioning, buyer map
  • Competitive process
  • Negotiation to close
  • Vendor DD and data room
04

Strategic Advisory

Inside your business, beyond any deal.

  • Value creation planning
  • Commercial and ops levers
  • AI and tech strategy
  • Exit readiness review
— 02 · Track record

75+ transactions by our team. €3bn+ closed.

Includes transactions our partners led before joining Ennea. Ennea Capital Partners itself: 30+ since 2016.

Proven track record across DACH, Iberia, LatAm, UK and SEA. Selected M&A and capital advisory mandates. Many engagements remain confidential.

YEAR · TRANSACTION · MANDATE · SECTOR · STATUS
2026
Rockaway Capital ← Experience Education
Buy-side advisor to Rockaway Capital on the acquisition of Experience Education from Travelopia. Cross-border (UK → Czech Republic).
Buy-side · SignedEducational travel
SIGNED
2026
1AVista → VR Equitypartner
Sell-side advisor on the majority sale of 1AVista to VR Equitypartner. Germany-based transaction.
Sell-side · ClosedTour operator ↗
SOLD
2026
LMX → Auctus Capital Partners
Sell-side advisor on the majority sale of LMX to Auctus Capital Partners. Germany-based transaction.
Sell-side · ClosedTour operator ↗
SOLD
2026
Pruvo → Web Travel Group
Sell-side advisor on the sale of Pruvo to Web Travel Group. Cross-border (Israel → Australia).
Sell-side · ClosedTravel software ↗
SOLD
2026
Traso → Schmetterling
Buy-side and sell-side advisor on Schmetterling's acquisition of Traso. Germany-based transaction.
Buy-side & sell-side · ClosedTravel software ↗
CLOSED
2026
bestfewo → Holidu
Sell-side advisor on the sale of bestfewo assets to Holidu. Germany-based transaction.
Sell-side · ClosedVacation rentals ↗
SOLD
Showing 6 of 29 listed - many engagements remain confidentialAll transactions
— Why Ennea

Most advisors learn your business in a data room. We bring bankers who have run businesses, worldwide.

years of operating experience
Office Hub
Seattle · Buenos Aires · London · Frankfurt · Cologne · Madrid · Zurich · Hamburg · Munich · Athens · Riyadh · Delhi · Bangalore · Hong Kong · Singapore

Bankers and
operators

Deal craft, operating insight

Both sides
of the table

Sell- and buy-side mandates

Global
by default

10 markets · 3 continents

Senior-led,
full cycle

Partners lead, counsel in-house

— 03 · Sectors

One sector.
End to end.

Our theses for the AI era.

Ennea Capital Partners advises across the whole travel journey; Ennea Hospitality, our hotel transaction team, covers the property side. These 15 calls decide which mandates we take, which buyers we call and how we position every asset.

Travel & Tourism
Ennea Capital Partners

OTAs, tour operators, B2B distribution and travel tech.

  1. 01The free click is gone.
  2. 02Bedbanks: scale or sell.
  3. 03AI moves from selling to servicing.
  4. 04In-destination is still offline.
  5. 05Experiences outgrow the trip.
Transportation
Ennea Capital Partners

Ground transport, transfers, car rental, rail and airline tech.

  1. 01Agents talk, apps still book.
  2. 02Airlines tax the old pipes.
  3. 03Disruption is where margin leaks.
  4. 04Ground is the last unbundled mile.
  5. 05Ancillaries are the margin lever.
Hospitality
Ennea HospitalityNew

Our hotel M&A team: single assets, portfolios, operators and hotel tech.

Explore Ennea Hospitality
  1. 01AI writes the hotel shortlist.
  2. 02Every direct booking is margin back.
  3. 03Fewer hands, more software.
  4. 04Brands grow by conversion.
  5. 05Hotel real estate is trading again.
— 04 · The team

The partners you meet run your deal.

Working with leading brands like Expedia, Booking and TUI. Deep sector knowledge combined with strong financial expertise. Every engagement is led by a partner.

PartnersMunich · London · Hamburg · 4 partners
Munich
Managing Partner
Jan-Frederik Valentin, Managing Partner, Munich

Jan-Frederik Valentin

Managing Partner · Munich

Jan is Founder and Managing Partner of Ennea Capital Partners, with 20+ years in venture capital and the travel industry. He established the firm in 2016 to provide dedicated M&A and capital advisory to travel, transportation and hospitality businesses; the firm has since advised on 75+ transactions with over €3bn in closed deal value. Previously he was Managing Director at KAYAK Europe and held investment and operating roles at Howzat Partners, Kaizen VC and TruVenturo, helping build leading technology investment and advisory businesses across Europe. Jan focuses on travel and mobility and is a frequent speaker at industry forums including Phocuswright Europe.

Munich
Managing Partner
Simon Schiller, Managing Partner, Munich

Simon Schiller

Managing Partner · Munich

Simon is Managing Partner at Ennea Capital Partners, having joined the firm as a Partner in 2019. He leads sell-side and buy-side M&A mandates and capital advisory across the travel and travel-tech sector, and has driven several of the firm's recent cross-border transactions. Prior to Ennea, Simon worked for a Munich-based family office and on projects across the travel industry and in sports marketing and consulting.

London
Partner
Andreas Nau, Partner, London

Andreas Nau

Partner · London

Andreas is a 20+ year travel industry veteran with senior roles at TUI, Expedia and Awaze. At Expedia he was Managing Director EMEA, overseeing P&L and growth, and at Awaze he led strategy and brand integration. He focuses on travel technology, supporting startups in growth and mature companies in digital transformation. Andreas also serves as Non-Executive Director at Holibob and advisor to Travel-AI.

Hamburg
Partner
Sven Ahrens, Partner, Hamburg

Sven Ahrens

Partner · Hamburg

Sven is a travel and mobility executive with 20+ years across online travel, mobility, distribution and M&A. He held senior leadership roles at HolidayCheck, weg.de and Billiger-Mietwagen / CamperDays, and built a B2C travel portfolio at ProSiebenSat.1 / NUCOM. Most recently CEO of FLOYT Mobility, he joined Ennea as a Partner in 2025. Deep expertise in leisure travel, mobility, M&A, portfolio investments and B2C marketplaces.

Consulting partners, senior advisors, team and counselMeet the whole team
— 05 · In confidence
ennea capital partners

Let's talk.

About building, scaling, exiting.

Jan-Frederik Valentin · Managing Partnerjan@ennea-partners.com
Munich · HQ

Türkenstraße 87
80799 Munich, Bavaria
Germany

London

Temple Chambers 529/532
3-7 Temple Avenue
London EC4Y 0DA
United Kingdom

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