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Awaze is a European vacation-rentals business that U.S. private-equity firm Platinum Equity carved out of Wyndham Worldwide in 2018 in a $1.3 billion deal, including debt. The pandemic boom in domestic lettings of cottages and holiday homes for families in European markets has benefited Awaze, which has this week resumed growth through mergers and acquisitions of property management companies.
Awaze’s Copenhagen-based Novasol brand, which runs homes on behalf of owners, said Thursday it had acquired rental agency Bornholmtours. The deal makes Novasol the largest holiday home rental company on Bornholm, a Danish island popular with visitors from Scandinavia and Germany, with 1,160 rentals. Novasol offers around 50,000 holiday homes across Europe. ....

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