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Classic Cottages acquires Ocean Cottages in Devon

May 28, 20257 months ago

Acquiring Company

Classic Cottages

Acquired Company

Ocean Cottages

CornwallDevonHospitalityTravelLeisureReal EstateTravel

Description

Classic Cottages has acquired Ocean Cottages, enhancing its presence in the south west of the UK. This acquisition adds 55 high-quality properties to Classic's portfolio, which now exceeds 1,400 managed properties. The deal reflects Classic Cottages' continued expansion strategy, further solidifying its market position. This follows previous acquisitions aimed at strengthening the company’s offerings.

Company Information

Company

Classic Cottages

Location

Cornwall, England, United Kingdom

About

Classic Cottages is the UK's largest independent holiday letting specialist. They manage a portfolio of over 1,400 properties across the UK. The company is known for providing high-quality holiday rentals and ensuring excellent customer service. It is part of the Sapphire Holidays group, which oversees multiple brands in the holiday letting market.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed