Leisure Pass Group
Investing in a leading European and US city pass provider
Deal size, December 2016
The Leisure Pass Group (LPG) is a leading city pass provider with operations in 19 cities across Europe and the US, including London, Paris and Rome.
The business packages a large number of city attractions together into one pass, allowing pass holders to access and enjoy those attractions for a fixed price and time period. Tourists who use LPG passess receive cost savings on entry prices and convenience perks including fast-track entry.
Having gained valuable experience in the tourism market through our investment in Big Bus Tours, Exponent saw another exciting opportunity in the market for attraction passes, particularly due to the secular trend of online purchasing of passes and its strong cash generation profile.