Mubadala Capital to acquire a significant stake in Looping Group from Ergon Capital and BPI France.

Mubadala Capital, a sovereign wealth fund, agreed to acquire a significant stake in Looping Group, a group of regional recreation parks from Ergon Capital, a mid-market private equity investment company, and BPI France, the French national investment bank. Financial terms were not disclosed. With the support of Mubadala Capital, Looping intends to accelerate the successful execution of its long-term strategy by maximizing opportunities provided by its existing portfolio, expanding through selective acquisitions and continuing the development of in-situ lodging in several parks. “We would be delighted to welcome Mubadala to further implement our pan-European growth strategy and are convinced that their support will allow us to further accelerate our development. This operation would provide us the opportunity to further reinforce our position in the Group’s shareholding and to jointly control Looping alongside our new partner. We thank Ergon Capital for their help and support over the past years," Laurent Bruloy, Looping CEO.