Newfund injects €1.5m into Camping-Car Park
Newfund has provided French caravanning sites operator Camping-Car Park with €1.5m of funding.
The company's founders remain majority shareholders. Newfund invests via its maiden fund, launched in 2008 and closed on €72m.
Camping-Car Park will now focus on bolstering its commercial team, look into the development of new products and services, and intensify its communications efforts. The company is aiming to open 50 new sites by the end of 2013.
Company
Founded in 2011, Camping-Car Park operates 10 sites allowing camping-cars to park throughout France. The company provides basic facilities to travellers.
People
François Veron led the deal for Newfund.
Advisers
Equity – Romain Franzetti (Legal); RS Partners, Stéphane Hadida (Financial due diligence).
Company – Ouest Capital Conseil, David Szalajski (Corporate finance); Axlo, David Rousseau (Legal).
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