Capfun, a French campsite company, completed the acquisition of Campella, a holiday accommodation owner and operator. Financial terms were not disclosed. "The sale of a group of 14 tourist establishments can only be done with professionals in mergers and acquisitions with a real knowledge of the business. In a sector such as outdoor hotels where the specificities are multiple. The Clearwater team was able to rise to the challenge by using its experience in the world of tourism, while braving the complexities of the current health crisis," Thierry Guignard and Thierry Pacteau, Campella Founding Managers.