Thu, 02 Dec 2021 | BUSINESS SALE
Midlothian Capital Partners is reportedly exploring a potential £170 million sale of luxury holiday-home and park operator Park Leisure, as the huge rise in domestic holidaymaking during the COVID-19 pandemic continues to drive M&A activity.
Private equity firm Midlothian has reportedly engaged bankers from Rothschild to begin marketing the company for sale. Park Leisure operates 11 sites across the UK, including Cornwall’s Oyster Bay and Par Sands, Malvern View in Herefordshire, Ribble Valley in Lancashire and Chantry in the Yorkshire Dales.
The potential sale would be expected to attract significant interest from both industry operators and financial buyers looking to tap into the sector's rapid growth. If Midlothian were able to achieve the £170 million sale figure reported, this would represent around a 6.6x multiple of Park Leisure’s £25.6 million revenue for 2020.
Last year, the company reported operating profit of £13.3 million, while recording a post-tax loss of £2.9 million. The company’s net assets are valued at £50.8 million, according to its 2020 accounts at Companies House.
Recent months have seen a slew of major deals in the domestic holiday sector, with Park Holidays recently being sold to Sun Communities in a £950 million deal. Holiday park operator Parkdean Resorts is also set to be sold, while Bourne Leisure is reportedly seeking a buyer for Butlin’s.
Read more about the staycation M&A boom.
Find businesses for sale here.
If you are looking for an exit, we can help!
Represents an opportunity for an acquirer seeking a multi award-winning farm park attraction set on a 33-acre working farm.
Refurbished coaching inn presented in immaculate condition. Offering a bar, dining areas, 15+ ensuite letting rooms, dedicated parking and courtyard garden.
FREEHOLD
Nestled in the heart of Lincolnshire, this illustrious 17th century country inn presents a once-in-a-lifetime opportunity for those looking to dive into the hospitality industry or expand their portfolio. Renowned for its exceptional dining experienc...
FREEHOLD
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.