The award winning choice for cruise travellers to the Greek Islands and Eastern Mediterranean, Celestyal Cruises and it’s parent company Louis plc, a Cyprus-based tourism organisation have announced a definitive strategic investment agreement in partnership with Searchlight Capital Partners, a leading global private investment firm.
Searchlight will make an investment into a new holding company, Celestyal Holdings. This partnership will enable Celestyal Cruises to amplify its brand, build upon it’s successful to-date and expand it’s operational footprint. In the meantime, Celestyal Cruises will continue operations of its two ship fleet from its headquarters in Piraeus, Greece under its current global management team.
Celestyal Cruise’s CEO, Chris Theophilides highlighted the benefits this partnership will have for Celestyal Cruise’s. “ We are extremely pleased to have Searchlight as a strategic partner and are eager to join forces with them to build on our positive momentum, amplify our global brand awareness and elevate our award-winning guest experience, taking it to new heights. Our 2022 season is already looking solid and with this significant development, we are extremely excited about Celestyal’s journey ahead.”