MCI invests in Czech travel website

Polish private equity fund MCI Management has acquired a 50.1% stake in Czech online travel agent The investor paid US$4m for the stake. generated revenues of US$62m in 2007 and has 87,000 clients in the Czech Republic and Slovakia.

It is reported that MCI Management may look to merge Invia with Poland’s online travel company Travelplanet before listing of the enlarged company on the Warsaw stock exchange.