Clearwater International advises holiday parks operator South Lakeland Parks on their equity investment, as part of its acquisition by private equity firm Electra Partners

South Lakeland Parks logo

Clearwater Advisor

Press Release

Clearwater International’s Real Estate team has advised the incoming management of holiday parks operator South Lakeland Parks on the terms of their equity investment, as part of its acquisition by private equity firm Electra Partners.

The acquisition follows the recent Clearwater International-led refinancing of coastal holiday park business Park Resorts, an existing Electra portfolio company with 39 sites, which involved Clearwater International’s Real Estate and Debt Advisory teams. Electra’s continued investment in the sector brings together these two businesses to create the largest holiday parks operator in the UK, with 48 properties across England, Scotland and Wales.

“Clearwater International is delighted to have been involved in this deal. The acquisition of South Lakeland Parks brings another business that was a victim of an historic overleveraged balance sheet back to a position of strength. The combined businesses will prove a significant force in the holiday park sector.”

Chris Smith, Partner, Clearwater International