Sycamore Partners is remaining tight-lipped on plans for Azamara after agreeing to buy the boutique cruise line from Royal Caribbean Group (RCG).
The New York private equity firm signed a definitive agreement with RCG on Tuesday to acquire the brand's three ships for $201m in cash.
Sycamore did not disclose its intentions for the tiny fleet, but RCG said its "value proposition and operations will remain consistent" under the new owner.
