Announced
Synopsis
PAI Partners, a pre-eminent private equity firm, offered to acquire The Looping Group, a pan-European leisure park operator, from Mubadala Capital, an Emirati state-owned holding company, and Bpifrance, a French public sector investment bank. Financial terms were not disclosed. “Looping is a young company with exciting prospects. Positioned in the resilient budget leisure segment, the group is well placed to benefit from long-term tailwinds that underpin the local leisure park market. We look forward to supporting the management team in further structuring the group for the next chapter of growth – and, importantly, to continue delivering an amazing visitor experience,” Bertrand Monier, PAI Partners Partner.
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