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Pricoa Capital Group completed an acquisition of a minority stake in ABI from CBPE.

Synopsis

Pricoa Capital Group, a private debt and risk capital investment company, completed an acquisition of a minority stake in ABI Holiday Homes, a manufacturer of caravan holiday homes, from CBPE Capital, a private equity firm. Financial terms were not disclosed. "ABI was the first investment in CBPE Fund IX and has consistently outperformed our expectations throughout the investment period. The strong return that ABI has delivered for our investors is testament to the hard work and dedication of ABI’s management team and its employees, to whom we are extremely grateful," Tom Biddle, CBPE Partner.

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