Park Leisure has been acquired by Sun Communities
Premium holiday park operator Park Leisure has been sold to US-based real estate investment trust Sun Communities by investment and advisory firm, Midlothian Capital Partners, and a consortium of investors.
Founded in 1998, Park Leisure operates eleven five-star parks all located in coastal areas or areas of outstanding natural beauty across the UK. In the meantime, the group has built a portfolio of owner-led parks with approximately 2,900 pitches.
Having acquired Park Leisure in 2017, MCP said that it had overseen a period of operational enhancements, as well as “exceptional” growth with EBITDA having more than doubled during their tenure.
Rothschild & Co advised on the sale of this transaction. For further detail please contact Jamie Hutton.