Wednesday, January 19, 2022

Tag: Blackstone

Bye-de-bye? Butlin’s “subscale” and now up for sale

Butlin's up for sale
Butlin’s is to be placed on the market by Bourne Leisure’s new majority owner Blackstone, with the iconic holiday park reportedly “sub-scale and therefore non-core to its growth plans.”

Parkdean Resorts set to be valued at £1.5bn

Parkdean Resorts sale
Parkdean Resorts is to be put up for sale by its private equity owner, according to reports, with the company’s 67-site holiday park estate set to be valued at £1.5bn.

Bourne Leisure records first pre-tax loss since 2004

Bourne Leisure revenue loss
Bourne Leisure has reported its first pre-tax loss in over a decade, after repeat site closures and travel restrictions halved 2020 revenue to £506.8m.

Blackstone acquires stake in Bourne Leisure

Butlins Blackstone acquires stake in Bourne Leisure
The omnipotent US private equity firm Blackstone has increased its already impressive share of the UK’s leisure offering, with a minority holding in the parent company of both the Butlin’s and Haven Holidays brands.

Bourne Leisure targeted by Blackstone in potential £900m takeover deal

Bourne Leisure Butlins Minehead Blackstone
When the world’s biggest investment firm is interested in a sector, the signs are there’s some cause for much needed optimism for all links in the supply chain. Especially when staycation predictions are rocketing. Blackstone are courting Bourne Leisure.

ICE organiser Clarion acquired in £600m deal

Coinslot - ICE Clarion deal
US private equity firm Blackstone has bought leading event organiser Clarion for £600m.   The long-established business runs a host of large-scale industry events including ICE Totally Gaming, Juegos Miami and EiG each year. “Clarion’s leading position in its markets combined with its strong management team will enable the company to continue growing both organically and through mergers and acquisitions” “Clarion’s leading position...