Listed British trust Caledonia Investments has returned 48% of its original investment in British caravan park operator Park Holidays, following a refinancing of the company’s £165m debt facilities.
Signage company filed for insolvency in 2019, citing a fall in revenues from automotive clients
GCP makes hybrid debt and equity investments of £5-30m across a variety of sectors
First investment made by the GP via Magnum Capital III, which was launched in December 2019
GP acquires a minority while the company's founders retain their majority ownership