PARK HOLIDAYS
Acquired by
ICG
PARK HOLIDAYS acquired by ICG
Target
PARK HOLIDAYS
Acquirer
ICG
Context
Caledonia Investments agreed to sell Park Holidays to Tiger Bidco (a vehicle formed by ICG). This represents a significant markup from the �172 million valuation in 2013. Caledonia realized a net IRR of 44% and a money multiple of 2.9x on its investment. The deal was driven by strong operational performance, with EBITDA jumping from �20.4m to �36.5m. The management team remained in place for this next chapter with ICG.
This transaction is part of the Retail & Consumer industry, which currently tracks an average EBITDA multiple of 10.9x since the beginning of 2026, 11.3% decrease compared to 2025. 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.
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Target
Headquartered in Hastings, Park Holidays is a major operator of caravan and holiday parks in the South of England. At the time of the deal, the portfolio consisted of 23 parks (21 freehold, 2 leasehold) located in coastal areas like Devon, Dorset, and Sussex. The business model generates revenue from three streams: selling static caravans (holiday homes) to private owners, site fees (ground rent) paid by those owners, and holiday rentals to vacationers.
Ent. Value
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Equity Value
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Multiples Analysis
EV / Revenue
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EV / EBITDA
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EV / EBIT
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Historical Financials (EUR)
Other operations with PARK HOLIDAYS
| Date | Acquirer | Target | Country | Sector | Deal Context |
|---|---|---|---|---|---|
| 11/2013 | CALEDONIA INVESTMENTS | PARK HOLIDAYS | UNITED KINGDOM | Hospitality | Caledonia Investments acquired a majority stake in Park Holidays from Graphite Capital (who had backed the management buy-in in 2006). The funding structure included �88 million of equity from Caledonia and �90 million of bank debt provided by a syndicate (RBS, HSBC, Lloyds, Barclays, Santander). A further �10 million facility was secured for future capex and acquisitions. The management team remained in place to drive the next phase of growth. |
mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.