ADIA to acquire a minority stake in European Camping Group from PAI Partners.

Abu Dhabi Investment Authority, a globally-diversified investment institution, agreed to acquire a minority stake in European Camping Group, a European player in the outdoor accommodation sector, from PAI Partners, a private equity firm. Financial terms were not disclosed. “ECG is a prime example of a Real Economy business that has emerged as a clear market leader in outdoor accommodation, benefiting from substantial investment, attractive market dynamics and an exceptional management team, with plenty of runway for growth. We are delighted to welcome ADIA as our fellow shareholder for the next stage of growth, sharing our vision for ECG and the opportunities to build on its success,” Bertrand Monier, PAI Partner.