Sykes Holiday Cottages to Acquire Forest Holidays from Phoenix-led Investor Group

Vitruvian Partners Acquires Sykes Cottages with Unitranche Financing from EQT Credit

November 1, 2019

Real Estate

Vitruvian Partners has acquired Sykes Cottages Holdings Limited, a UK-based vacation rental management business, with unitranche senior debt facilities provided by EQT Credit to finance the acquisition, refinance existing debt, and support future growth. Sykes operates a tech-enabled vacation rental platform managing tens of thousands of properties across the United Kingdom and New Zealand and will be supported by the new capital for continued expansion.

Livingbridge Reinvests in Sykes Holiday Cottages alongside Vitruvian Partners

January 9, 2020

Real Estate

Livingbridge has reinvested in Sykes Holiday Cottages, joining existing investor Vitruvian Partners to support the UK holiday-home provider’s next stage of organic and acquisitive growth. Sykes, headquartered in Chester, currently manages around 19,000 properties after recent bolt-on acquisitions and will use the capital to continue its growth and digital investment.

Sykes Holiday Cottages Acquires Pure Cottages Group from LDC

January 6, 2020

Restaurants & Hospitality

Chester-based Sykes Holiday Cottages has acquired Pure Cottages Group from private equity investor LDC for an undisclosed sum. The deal brings the Pure Cottages portfolio — a collection of five luxury regional holiday rental brands managing more than 1,500 holiday homes across Cumbria, Cornwall and the Cotswolds — into Sykes' wider network to bolster its premium offering and support further UK and international expansion.

Sun Communities, Inc. Acquires Park Holidays UK

November 15, 2021

Real Estate

Sun Communities, Inc. entered into a definitive agreement to acquire Park Holidays UK for approximately £950 million (about $1.3 billion). The acquisition gives Sun immediate scale in the UK with Park Holidays' ~40 owned and 2 managed holiday communities and is intended to expand Sun's platform geographically and be accretive to 2022 Core FFO per share.

Blackstone Real Estate Acquires Village Hotels from KSL Capital Partners

June 26, 2024

Restaurants & Hospitality

Funds managed by Blackstone Real Estate have completed the acquisition of Village Hotels from affiliates of KSL Capital Partners. Village Hotels owns and operates 33 hotels across the United Kingdom (approximately 4,400 keys) with integrated fitness clubs, food & beverage outlets and co-working spaces; Blackstone said it plans to expand the number of hotels in the UK and enhance existing facilities.

The Travel Chapter Acquires Cottages and Castles

October 22, 2019

Restaurants & Hospitality

ECI portfolio company The Travel Chapter has acquired Scottish self-catering agency Cottages and Castles, adding the brand and its collection of over 600 properties to The Travel Chapter’s portfolio. The acquisition will make Cottages and Castles The Travel Chapter’s primary Scottish brand and expand marketing reach for property owners across The Travel Chapter’s brands, including holidaycottages.co.uk.