For Release: February 27, 2015
Online travel agency Interactive Travel Holdings Sp. z o.o. secures EUR 5 million from 3TS Capital
Partners to further develop its technology platform and continue international expansion.
• Interactive Travel Holdings (ITH) is a well-established and rapidly growing online travel agency
operating in Poland and Romania.
• New investment from 3TS Capital Partners will enable platform innovation and further international
expansion.
Warsaw, Poland – 27 of February, 2015
3TS Capital Partners, one of the leading venture capital and private equity firms in Central and Eastern
Europe, announces the signing of an agreement to provide EUR 5 million funding to Interactive Travel
Holdings (ITH), the leading online travel agency in the region. ITH operates the websites Fru.pl in
Poland and Vola.ro in Romania.
Headquartered in Warsaw, ITH was founded in 2007 by two young Polish entrepreneurs and their
Romanian partner. Since then the Company has built a leading position in the online travel agency
market in the region. ITH focuses on the online distribution of airline tickets as well as other products
for travelers,such as hotels, travel insurance, car rental and packages(e.g. flight + hotel). The Company
has developed a proprietary Internet booking engine as well other advanced technologies to operate
an online travel business. In addition to its technology focus, ITH also manages call-centers in Warsaw
and Bucharest to support its online activity.
Michał Wrodarczyk, CEO of Interactive Travel Holdings, commented: “We are thrilled to have
attracted 3TS as our investor. We have found them to be highly entrepreneurial and they share our
passion for technology and travel. This investment will help us develop our online travel platform,
strengthen market position and enable to look beyond Poland and Romania for international
expansion.”
3TS Partner Zbigniew Łapiński, who led the investment, added: “We are impressed with the ITH team
as well as their focus on technology and development of new value-add products. We are excited to
become a partner of ITH and look forward to helping the Company to strengthen its position in their
home markets and beyond. The OTA field remains very fragmented in Central and Eastern Europe.
With our support, ITH is expected to play an active role in the inevitable consolidation of the market
across the region”.
About 3TS Capital Partners
3TS Capital Partners is a leading private equity and venture capital firm in Central and Eastern Europe
with offices in Budapest, Bucharest, Istanbul, Prague, Vienna and Warsaw. 3TS targets investments in
growth sectors including Technology & Internet, Media & Communications and Technology-Enabled
Services. Investors in the 3TS funds totaling over €300 million include EIF, EBRD, Cisco, OTP, Sitra and
KfW among others. Further information is available at: www.3tscapital.com
About Interactive Travel Holdings Sp. z o.o.
Interactive Travel Holdings Sp. z o.o. operates online travel agencies in Poland (Fru.pl) and Romania
(Vola.ro). The Company’s focus is online distribution of airline tickets as well as other products for
travelers, such as hotels, travel insurance, car-rental and packages (flight + hotel). A highly
entrepreneurial and technology focused organisation, ITH is actively looking for growth opportunities
beyond their home markets of Poland and Romania.
Further information is available at: http://www.fru.pl / www.vola.ro
Media Contacts:
3TS Capital Partners
Zbigniew Łapiński
Partner
E-mail: zlapinski(at)3tscapital.com
Interactive Travel Holdings Sp. z o.o.
Michał Wrodarczyk
CEO
E-mail: mw(at)fru.pl