PAI Partners (\u201cPAI\u201d) has completed the acquisition of European Camping Group (\u201cECG\u201d or \u2018\u2019the Company\u2019\u2019) from Carlyle, Ontario Teachers\u2019 Pension Plan (\u201cOntario Teachers\u201d) and Montefiore Investment (\u201cMontefiore\u201d).<\/p>\n
Headquartered in Aix-en-Provence, France, ECG operates a fleet of over 22,000 units (mostly mobile homes) across more than 310 premium campsites located in attractive destinations such as France, Italy, Spain and Croatia. The Company leverages four renowned and complementary brands (Homair, Eurocamp, Al Fresco, and Roan) ensuring deep commercial coverage in key European outbound markets.<\/p>\n
Under Carlyle, Ontario Teachers and Montefiore\u2019s ownership, ECG underwent significant expansion, becoming the leading mobile homes operator for holidays in Europe. The Company reinforced its strong presence in key outbound markets thanks to the successful acquisitions and integration of Eurocamp, Al Fresco, Roan and Palmiers Oc\u00e9an, while increasing the range of destinations on offer through the acquisition of independent campsites. The Company also developed \u201cCampingVision,\u201d the premier online booking platform for campsites in Europe.<\/p>\n
The transaction will provide a solid foundation for future growth with ECG benefitting from PAI\u2019s support as it seeks to take advantage of a wide range of organic and M&A opportunities. Impressed by ECG\u2019s development and the work of the existing management team over the last decade, PAI is delighted to be backing its plans to further reinforce the Company\u2019s leadership within the European outdoor accommodation industry.<\/p>\n
PAI has an excellent track record in the sector, most recently through its former investment in Roompot, a leading holiday park operator in the Benelux region. PAI is investing from its PAI Europe VII fund.<\/p>\n
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Headquartered in Aix-en-Provence, France, ECG operates a fleet of over 22,000 units (mostly mobile homes) across more than 310 premium campsites located in attractive destinations such as France, Italy, Spain and Croatia. The Company leverages four renowned and complementary brands (Homair, Eurocamp, Al Fresco, and Roan) ensuring deep commercial coverage in key European outbound markets.<\/p>\n
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PAI Partners is a pre-eminent private equity firm, investing in market-leading companies across the globe. It currently manages more than \u20ac17 billion of dedicated buyout funds and, since 1994, has completed 84 investments in 11 countries, representing over \u20ac65 billion in transaction value. PAI has built an outstanding track record through partnering with ambitious management teams where its unique perspective, unrivalled sector experience and long-term vision enable companies to pursue their full potential – and push beyond. Learn more about the PAI story, the team and their approach at: www.paipartners.com<\/p>\n
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Carlyle (NASDAQ:CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Investment Solutions. With $276 billion of assets under management as of June 30, 2021, Carlyle\u2019s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. Carlyle employs nearly 1,800 people in 27 offices across five continents. Further information is available at www.carlyle.com. Follow Carlyle on Twitter @OneCarlyle.<\/p>\n
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Ontario Teachers\u2019 Pension Plan Board (\u201cOntario Teachers\u2019\u201d) is the administrator of Canada\u2019s largest single-profession pension plan, with C$227.7 billion in net assets (all figures at June 30, 2021 unless noted). It holds a diverse global portfolio of assets, approximately 80% of which is managed in-house, and has earned an annual total-fund net return of 9.6% since the plan\u2019s founding in 1990. Ontario Teachers\u2019 is an independent organization headquartered in Toronto. The defined-benefit plan, which is fully funded as at January 1, 2021, invests and administers the pensions of the province of Ontario\u2019s 331,000 active and retired teachers. For more information, visit www.otpp.com and follow us on Twitter @OtppInfo.<\/p>\n
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Founded in 2005, Montefiore Investment is a specialist fund for the French services industry. Over 15 years, the company has demonstrated its ability to turn French SMEs into true European champions. Thanks to its strong sector experience and knowhow, Montefiore Investment successfully supports companies in their growth projects and their development. Its track record makes it one of the key midmarket private equity players in France. Based in Paris, Montefiore Investment manages over \u20ac2 billion of assets, through investments of \u20ac20 – 200 million per company. Its investments include: European Digital group, Valeur et Capital, Xelians and Isabel Marant. Montefiore Investment is also developing a complementary specialist real estate investment business. Finally, as a major investor in the French and European tourism sector, Montefiore is in charge of investing a specialised fund aimed at strengthening the equity of leading French tourism companies impacted by the health situation and at creating a new generation of champions in this sector. For further information: www.montefiore.fr<\/p>\n","protected":false},"excerpt":{"rendered":"
PAI Partners (\u201cPAI\u201d) has completed the acquisition of European Camping Group (\u201cECG\u201d or \u2018\u2019the Company\u2019\u2019) from Carlyle, Ontario Teachers\u2019 Pension Plan (\u201cOntario Teachers\u201d) and Montefiore Investment (\u201cMontefiore\u201d). Headquartered in Aix-en-Provence, France, ECG operates a fleet of over 22,000 units (mostly mobile homes) across more than 310 premium campsites located in attractive destinations such as France, […]<\/p>\n","protected":false},"author":8,"featured_media":987514841,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[19],"tags":[],"class_list":["post-987515038","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release"],"yoast_head":"\n