Park Holidays put up For Sale

Holiday Park Innovation Show blog post 1

Caledonia Investments has put up Park Holidays for sale for around £250m by private equity firm. Caledonia has hired PwC to help assess its options, with the most likely outcome expected to be a sale to another private equity company. Park Holidays is Britain's fourth largest caravan operator and is set to see earnings rise to £35 million this year.

Several parties have already expressed an interest in the sale, and sources close to the situation suggested a deal could be struck within the next three to four months. Park Holidays has 25 holiday parks in the South of England and its performance has been buoyed by a rise in so called "staycations" among Britons. The sale would give Caledonia a significant increase on the £172m that they paid for the firm back in 2013.

Find out more about Park Holidays and their 25 sites here...