Away Resorts acquires Coppergreen Leisure Resorts
UK: UK holiday park operator Away Resorts is continuing to grow its domestic portfolio after announcing the acquisition of Sheffield-based Coppergreen Leisure Resorts. It follows Away’s purchase of Aria Resorts from investment firm Angelo Gordon in August, with the two companies agreeing to a merger that would create a new “£600 million staycation powerhouse” driven […]
Away and Aria Resorts merge to form £600m staycation powerhouse
UK: UK holiday park operators Away Resorts and Aria Resorts have agreed to merge to create a new staycation powerhouse, spurred on by this summer’s domestic travel boom and a frenzy of M&A activity in the space. Sky News reported that Away, which was recently acquired by CVC Capital Partners, is buying Aria from investment […]
CVC invests £250m in Away Resorts
UK: Private equity firm CVC Capital Partners has invested £250 million in UK holiday park operator Away Resorts to secure a majority stake in the business. According to sources close to the transaction, the investment is close to four times the amount invested by buyout firm Freshstream in 2019. Away Resorts founder and chief executive, […]
Away Resorts acquires St Ives Bay Holiday Park
UK: Resort operator Away Resorts has acquired Cornish holiday park St Ives Bay Holiday Park, backed by private equity firms Freshstream and LDC. Located seven miles east of St Ives—one of Cornwall’s most popular staycation destinations—the resort will become the eighth to be owned by Away Resorts. The 120-acre holiday park has been in family […]