
Kings Park acquires Otter Falls and Clawford Lakes
Kings Park Capital has acquired two holiday parks, Otter Falls Holiday Park and Clawford Lakes.
The firm is currently investing from its second fund, which primarily invests in the leisure sector, with typical equity tickets of £3-15m.
Kings Park has acquired the holiday parks to form Lakeshore Leisure Group. The firm has brought in Stephen Twiss, previously managing director at Luxury Lodge Estates, to act as CEO.
Kings Park will use a buy-and-build strategy for the company and plans to support it with development and acquisition finance.
Company
Based in Blackdown Hills, Otter Falls comprises 29 holiday letting cottages and lodges. The company was founded in 2003.
Clawford Lakes in Holsworthy is set in 78 acres of countryside, with 17 fishing lakes, 24 self-catering units, eight bed-and-breakfast rooms, a six-bedroom farmhouse, and a bar restaurant.
People
Kings Park Capital – Artjom Dashko (partner).
Lakeshore Leisure Group – Stephen Twiss (CEO).
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