Sycamore Partners has wasted no time in expanding Azamara's tiny fleet after buying the boutique cruise brand from Royal Caribbean Group.
The New York private equity firm announced on Monday that it had bought the 670-berth, 1999-built Pacific Princess. Princess Cruises said on 21 January that it had sold the vessel to an undisclosed buyer.
Sycamore agreed to buy Azamara for $201m in cash, RCG announced on 19 January.
