AXA PE and Capzanine arrange mezz for Village Center buyout

The GP acquired Village Center in early August from listed Promeo Group, which continues to hold some of the shares.

Village Center sits in a holding company together with 21's portfolio business Vacances Directes. The entity has created a significant player in Europe's outdoor accommodation market with an expected turnover of €100m this year, 70% of which is attributed to Village Center.

The combined business offers a total of 13,500 mobile homes and 20,500 camping plots on 38 campsites under management.

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• Topics
• Consumer
• France
• Portfolio management
• Axa Private Equity
• France
• Capzanine
• 21 Centrale Partners