M&A Deal Summary

Park Resorts Acquires South Lakeland Parks

On September 27, 2013, Park Resorts acquired leisure company South Lakeland Parks from White Ocean Leisure for 47M GBP

Acquisition Highlights
  • This is Park Resorts’ 1st transaction in the Leisure sector.
  • This is Park Resorts’ largest (disclosed) transaction.
  • This is Park Resorts’ 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2013-09-27
Target South Lakeland Parks
Sector Leisure
Buyer(s) Park Resorts
Sellers(s) White Ocean Leisure
Deal Type Divestiture
Deal Value 47M GBP

Target

South Lakeland Parks

London, United Kingdom
website
South Lakeland Parks predominantly operates the owner-occupier model, generating most of its revenue from the sale of caravans and lodges and is one of the country's leading providers of timber-lodge units, a market which has demonstrated high growth over recent years and maintains a hire fleet and a small number of touring pitches for caravans and tents. South Lakeland Parks was founded in 1988 and is based in London, United Kingdom.

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Buyer(S) 1

Buyer

Park Resorts

Hemel Hempstead, United Kingdom

website

Category Company
Founded 2001
Sector Leisure
DESCRIPTION

Park Resorts is an operator of holiday parks offering caravan holidays at its 39 sites across UK. Park Resorts was founded in 2001 and is based in Hemel Hempstead, United Kingdom.

DEAL STATS #
Overall 1 of 1
Sector (Leisure) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

White Ocean Leisure

United Kingdom
Category Company
Sector Leisure
DESCRIPTION

White Ocean Leisure provides holiday parks services

DEAL STATS #
Overall 1 of 1
Sector (Leisure) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-03 South Lakeland Parks

London, United Kingdom

South Lakeland Parks predominantly operates the owner-occupier model, generating most of its revenue from the sale of caravans and lodges and is one of the country's leading providers of timber-lodge units, a market which has demonstrated high growth over recent years and maintains a hire fleet and a small number of touring pitches for caravans and tents. South Lakeland Parks was founded in 1988 and is based in London, United Kingdom.

Buy £125M
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