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New Deal


Announced

CVC Capital Partners to acquire a majority stake in Away Resorts from Freshstream for $353m.

Financials

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Transaction Value£249m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Pending

Friendly

Private Equity

Majority

Recreational Services

holiday parks

Domestic

Single Bidder

Acquisition

United Kingdom

Synopsis

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Private equity firm CVC Capital Partners agreed to acquire a majority stake in Away Resorts, a British holiday park operator, from Freshstream, a capital market company, for $353m. "The business is well positioned in a fragmented and growing market that benefits from strong consumer tailwinds. We are excited to be partnering with Carl and the Away Resorts team to support the development of the platform they have built and accelerate their ambitious expansion plans, through investing in existing parks and by significantly growing the estate over the years to come," David Wells, CVC Capital Partners Managing Director.

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