Sykes Holiday Cottages Acquires Pure Cottages Group from LDC
January 6, 2020
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.
- Buyers
- Sykes Holiday Cottages
- Targets
- Pure Cottages Group
- Sellers
- LDC
- Industry
- Restaurants & Hospitality
- Location
- Cumbria, United Kingdom
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Travel Counsellors Acquires Holidaysplease
March 13, 2023
Consumer Products
Travel Counsellors has acquired Holidaysplease, a Birmingham-based network of luxury homeworking travel advisors and franchisees. The deal brings Holidaysplease's community of roughly 100 homeworkers, 50 franchisees and about 50 employees into Travel Counsellors' global platform, strengthening its people-led, technology-enabled travel entrepreneur network.
-
Sykes Holiday Cottages to Acquire Forest Holidays from Phoenix-led Investor Group
April 8, 2022
Restaurants & Hospitality
Sykes Holiday Cottages, a portfolio company of Vitruvian Partners, is set to acquire Forest Holidays from an institutional investor group led by Phoenix Equity Partners and including LDC. The transaction brings Forest Holidays’ 12-location, nature-based cabin business into the Forge/Sykes platform to create a larger UK domestic holiday group focused on sustainable tourism.
-
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.
-
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.
-
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.
-
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.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.