mynth
← DATABASE
11/2013

PARK HOLIDAYS acquired by CALEDONIA INVESTMENTS

UNITED KINGDOM Hospitality & Leisure / Hospitality EV 100M - 350M GBP

Context

Caledonia Investments has successfully completed a capital restructuring of Park Holidays, acquiring a majority stake in the holiday park operator. This transaction is part of a strategic plan to support the company's growth, which generated an EBITDA of over £20 million for the year ended December 31, 2012. Park Holidays boasts a portfolio of 23 holiday parks, comprising 21 freehold and 2 leasehold properties, located in southern England. The acquisition was funded through a combination of equity (£88 million) and bank debt (£90 million), provided by a syndicate of banks including RBS, HSBC, Lloyds Bank, Barclays Bank, and Santander, with an additional £10 million facility available for future investments and acquisitions. The existing management team, consisting of Jeff Sills, Al Loch, and Tony Clish, who originally acquired the business in 2006 with the support of Graphite Capital, will remain in place to drive the company's next phase of development. This transaction will enable Park Holidays to continue its expansion, including targeted acquisitions, and strengthen its market position.

PARK HOLIDAYS, which reported an EBITDA margin of LOGIN in 2016, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Retail & Consumer sector (11.0x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

-> Deep-dive in Retail & Consumer market trends

Target

Park Holidays UK, headquartered in Hastings, operates a portfolio of holiday parks across the United Kingdom, providing a range of caravan and lodge stays, glamping options, camping facilities, and pitches for caravans and lodges, as well as the opportunity to purchase a secondary residence. Established in the 1980s, the organization underwent significant expansion in 2001 with the acquisition of ten parks from Haven Holidays, enabling it to extend its presence into Dorset, Hampshire, Essex, and Suffolk. The parks offer a variety of amenities, including leisure facilities, clubs, swimming pools, sports facilities, and luxury holiday accommodations. In recent years, the organization has undertaken substantial renovation work, focusing on enhancing its infrastructure, clubs, and accommodations to bolster its service offerings. The company's economic model generates revenue from three primary streams: the sale of static caravans to private owners, site fees paid by these owners, and the rental of holiday stays to vacationers.

Ent. Value

LOGIN

Equity Value

LOGIN

Multiples

EV / Revenue

LOGIN

EV / EBITDA

LOGIN

EV / EBIT

LOGIN

Historical Financials (GBP)

Year
Rev
EBITDA
EBIT
2016
LOGIN
LOGIN
LOGIN
2015
LOGIN
LOGIN
LOGIN

Other operations with PARK HOLIDAYS

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
DateAcquirerTargetCountrySectorDeal Context
05/2026AERMONTPARK HOLIDAYSUNITED KINGDOMHospitality & Leisure

Aermont Capital has entered into an agreement to acquire Park Holidays, the UK-based holiday park and leisure home business of Sun Communities. The transaction encompasses all assets through which the US group operates in the UK, marking Sun Communities' exit from this market. This divestment is part of Sun Communities' strategy to refocus on its core manufactured housing and recreational vehicle businesses in North America. For the seller, the deal enables a simplification of its asset portfolio and concentration of resources on priority markets

11/2021SUN COMMUNITIESPARK HOLIDAYSUNITED KINGDOMHospitality & Leisure

Sun Communities has entered into a definitive agreement to acquire Park Holidays UK, the second-largest operator of holiday parks in the UK, marking the company's entry into the British market for leisure and vacation homes. The US-based group is acquiring a portfolio of holiday communities primarily located in popular coastal areas in southern England. The acquisition represents a natural extension of Sun Communities' business and is in line with its international expansion strategy. It provides a premier growth platform in a still-fragmented UK market, while further diversifying the company's geographic footprint

12/2016ICGPARK HOLIDAYSUNITED KINGDOMHospitality & Leisure

The sale of Park Holidays UK by Caledonia Investments occurs after a 3-year holding period, during which the holiday park network underwent substantial expansion, growing from 23 to 26 establishments. This secondary buyout enables Intermediate Capital Group to enter the still highly fragmented UK outdoor hospitality market, with the goal of consolidating independent operators and modernizing existing infrastructure. Financing provided by the new majority shareholder will be crucial in supporting this expansion strategy, aimed at bolstering Park Holidays UK's market position

REFERENCES

Valuation range: EV 100M - 350M GBP

EBITDA range: 10M - 30M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of PARK HOLIDAYS by CALEDONIA INVESTMENTS are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Acquirer: caledonia investments