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

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.