Luxury holiday rental specialist Menorca Private Owners (MPO) has been sold to Oliver’s Travels, an award-winning consolidator in the high-end villa rentals space, with support from accounting and advising firm PKF Smith Cooper.
MPO is a family-owned business which was established in 2003 by Paul and Jane Perera to provide luxury holiday accommodation to holidaymakers seeking sun and relaxation on the island of Menorca.
The acquisition of MPO is the biggest to date for Oliver’s Travels, adding an additional 32 villas to its existing portfolio of 127 properties which it manages on the island. The deal swiftly follows the acquisition of French company Homes and Provence, which completed in July 2024.
The shareholders of MPO were advised by Adam Rollason (Tax Partner) and Darren Hodson (Corporate Finance Partner) who provided tax structuring and deal support, respectively.
Adam Rollason commented: “We are delighted to have been able to assist the Perera family on this transaction. Paul, Jane and Peter have built a great business, and I have no doubt that the team at Oliver’s Travels will have further success as they look to expand their market share across the Balearic Islands.”
Darren Hodson, Corporate Finance Partner, added: “It has been a pleasure working with the shareholders of MPO on this transaction. We wish them all the best in their future endeavours.”
Managing director of MPO, Pete Perera, said: “I’m excited by the opportunity to grow the business and continue to be part of the MPO family. I know I speak for the entire team that the business has been left in great hands and will continue to deliver the personal service our owners and travelling clients know us for.”
