Fri, 18 Aug 2017 | BUSINESS SALE
A holiday park group based in Sussex has expanded its property portfolio with the acquisition of its 28th site.
Park Holidays UK has purchased the Martello Beach Holiday Park, near Eastbourne, for an undisclosed sum. The park is due to be renamed Pevensey Bay Holiday Park in the move.
The deal will be overseen by the law firm Cripps, who also advised on a previous acquisition by the company.
James Beatton, head of the corporate team at Cripps, said: "Having advised Park Holidays since 2015, we are well placed to support them on their overall business expansion strategy which is to grow by a combination of acquiring new sites together with improving and increasing the capacity of its existing sites.
"The recent acquisition of the Pevensey Bay Holiday Park – together with the previous purchase of Carlton Meres Country Park – is a positive step towards realising these plans."
Al Loch, chief financial officer of Park Holidays UK, praised the Cripps team for their punctual work on the project, despite tight deadlines.
"It was a big advantage having worked with them before as they thoroughly understand the culture of our business and what our longer term growth strategy is."
Leisure businesses for sale
Subscribe to Business Sale Report here.
The Company is a highly regarded building contractor, predominantly providing its services to clients in the commercial and retail sectors. The Company has experienced considerable growth since its foundation, with the strength of its workforce and s...
LEASEHOLD
Highly successful specialist agency operating for over nine years. Provides comprehensive cross-border debt recovery services for overseas banks with large UK portfolios of credit card debt. Primarily recovers debt from UK residents which was incurre...
LEASEHOLD
Provides cost-efficient, reliable general haulage services across the UK, specialising in same-day and next-day deliveries. Operating nationally, the company currently caters to 25 active clients nationwide, all of whom provide reliable, repeat busin...
LEASEHOLD
|
15
|
|
Jan
|
Buyer sought for portfolio of pubs | BUSINESS SALE
Five pubs that formerly operated under the Authentic Alehous...
|
14
|
|
Jan
|
Acquisitive RSK Group completes trio of deals | BUSINESS SALE
Cheshire-based technical services consultancy RSK Group has ...
|
13
|
|
Jan
|
Heat transfer equipment manufacturer falls into administration | ADMINISTRATION
Coventry-based Covrad Heat Transfer has fallen into administ...
Sign up to receive our acquisition alert emails to get your FREE guide
|
18
|
|
Jul
|
Kent law firms announce merger | MERGER
Two law firms in Kent have confirmed their plans to implemen...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources