Scott Dunn, the tour operator which brought Imagine Travel last year, is looking for more acquisitions.
The luxury holiday firm reported pre-tax profits of almost £1 million in the 12 months to June compared with a loss of about £900,000 a year earlier, and sales climbing 26% to £34.5 million.
Founder and chairman Andrew Dunn, who started the business in 1986, wants to buy up more holiday firms to reach sales of £100 million by 2017.
He said: "We have ambitious growth plans for the next three years as we focus on expanding our choice of holidays around the world."
