Vedettes du Pont Neuf

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Vedettes du Pont Neuf - overview

Established

1959

Location

Paris, -, France

Primary Industry

Travel & Leisure

About

Vedettes du Pont Neuf is a Paris-based company that offers river cruise experiences on the Seine, showcasing the city's iconic landmarks through various themed dining options and family-friendly activities. Vedettes du Pont Neuf, founded in 1959 in Paris, France, specializes in river cruises on the Seine. The company has maintained a consistent business model focused on providing sightseeing and dining experiences. In February 2016, A Plus Finance, Bpifrance Investissement, and UI Gestion facilitated France Tourisme's acquisition of the company, although specific financial terms were not disclosed.


Vedettes du Pont Neuf specializes in offering a range of river cruise experiences on the Seine in Paris, operational since 1959. Their primary services include a one-hour discovery cruise aboard panoramic boats, which provide insights into Paris's historical landmarks, guided by an engaging narrator. Additionally, they cater to families with a specially designed children's snack cruise, as well as themed dining experiences, such as Italian dinner cruises and romantic dining options. The company also provides unique experiences like electric cruises on the Canal Saint-Martin and special event-themed cruises for occasions such as Halloween and Valentine's Day.


Vedettes du Pont Neuf serves a diverse clientele, including local residents, tourists, and families, operating mainly in the city of Paris and its surrounding areas. Vedettes du Pont Neuf generates revenue primarily through ticket sales for its various cruise offerings, with total revenue reported at EUR 7,770,000 for the year 2015. Customers purchase tickets for specific experiences, with prices ranging from EUR 15 for the basic one-hour discovery cruise to EUR 85 for a gourmet dinner cruise. The pricing structure allows for both e-tickets, which are time-stamped for specific cruise times, and open tickets that provide flexibility within a one-year validity period.


Special promotions and discounts enhance the appeal to various customer demographics, including families and tourists seeking unique dining and sightseeing experiences. Moving forward, Vedettes du Pont Neuf is exploring new products designed to enhance the customer experience, including additional themed cruises and possibly expanding its seasonal offerings. There are plans to further penetrate the local and regional markets within France, targeting increased visibility and partnerships. The funding secured in February 2016 from A Plus Finance, Bpifrance Investissement, and UI Gestion is expected to support these growth initiatives, focusing on enhancing operational capabilities and marketing efforts to attract more visitors.


Current Investors

UI Investissement, A Plus Finance, Bpifrance Investissement

Primary Industry

Travel & Leisure

Sub Industries

Hospitality Services, Event Management, Travel & Tourism

Website

www.vedettesdupontneuf.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Vedettes du Pont Neuf - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedVedettes du Pont Neuf-

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