LDC provides Forest Holidays with follow-on funding

The new site in Micheldever, Hampshire, is the first addition to Forest Holidays' location portfolio since LDC first invested in 2012.

Previous funding
LDC backed the management buyout of Forest Holidays in September 2012. The acquisition saw the Camping and Caravanning Club exit the business, while the Forestry Commission retained a "significant" share.

Bank facilities were provided by Lloyds Bank Wholesale Banking & Markets, led by Richard Smith.

Company
Founded in 2006 and based in Derbyshire, Forest Holidays is a holiday accommodation provider that owns and manages 427 eco-friendly cabins across the UK.

Sites include the Forest of Dean, Sherwood Forest, Keldy in North Yorkshire, Deerpark Forest in Cornwall, and Argyll and Strathyre in Scotland.

People
Andy Grove is an investment director at LDC.

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