Bourne Leisure and brands Haven, Butlin s and Warner Leisure Hotels sold to Blackstone rhyljournal.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rhyljournal.co.uk Daily Mail and Mail on Sunday newspapers.
Among Bourne Leisure’s portfolio is holiday resort chain Butlin’s, which has invested heavily in revamping its conference and event facilities over the last few years.
Funds managed by Blackstone Capital Partners and Blackstone Real Estate Partners have agreed to acquire the group together with the Harris, Cook and Allen founding families, which are co-investing a significant minority shareholders.
Bourne Leisure employs more than 16,000 staff, hosting 25,000 holiday-home owners, and attracting 4.5 million guests to 56 sites across the UK every year.
Along with Butlin’s the group also operate Haven and Warner Leisure Hotels.
Blackstone has invested heavily in wider hospitality, travel, leisure and events sectors. Alongside investment in Center Parcs and current ownership of Merlin, the private equity group took control of the NEC Group in 2018 for £800m.
Global private equity investment fund specialist Blackstone has completed its
Among Bourne Leisure’s portfolio is the traditional holiday resort chain Butlin’s, which has, in recent years, invested heavily in revamping its conference and event facilities.
Funds managed by Blackstone Capital Partners and Blackstone Real Estate Partners have agreed to acquire the group together with the Harris, Cook and Allen founding families, which are co-investing as significant minority shareholders.
Bourne Leisure employs more than 16,000 staff, hosting 25,000 holiday-home owners, and attracting 4.5 million guests to 56 sites across the UK every year.
Along with Butlin’s the group also operate Haven and Warner Leisure Hotels.