Announced
Financials
Sources
Tags
Acquisition
resorts
Pending
Domestic
Friendly
Single Bidder
Private Equity
Private
Travel and Tourism
Majority
United Kingdom
Synopsis
CVC-backed Away Resorts, a firm that operates six resorts in prime UK destinations, agreed to acquire Aria Resorts, a resorts operator, from Angelo Gordon and T&B Capital. Financial terms were not disclosed. "We are delighted to be partnering with Aria to pursue our shared ambition of forming the leading staycation provider in the market. Our combined businesses, with a focus on customer care and top-quality facilities, will offer exceptional destinations for holidaymakers and holiday home owners seeking to relax a little closer to home," Carl Castledine, Away Resorts CEO.
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