Bridge Leisure Parks Limited (“Bridge Leisure”), an owner and operator of holiday parks across the UK, today announces the acquisition of the award-winning Bowland Fell holiday park in Yorkshire.
The acquisition of Bowland Fell takes Bridge Leisure’s estate to nine parks as it continues to consolidate the fragmented UK holiday park market. The Milton Keynes based company has now trebled the number of parks it owns since completing a management buyout supported by Phoenix Equity Partners (“Phoenix”) in 2015.
Andrew Howe, CEO of Bridge Leisure said: “It’s been a very successful few years for the company with a sustained period of growth and investment. When we undertook the management buyout in 2015 we owned three parks but had a clear and ambitious plan to grow the group through acquisition and organic growth. A little under four years later, with the backing of Phoenix, we have been able to add a further six parks and substantially grow both our existing and acquired parks.”
“Bowland Fell is a beautiful park set in an expanse of countryside between the Yorkshire Dales National Park and the Forest of Bowland AONB. We are excited about the prospects for the park under Bridge Leisure’s ownership and plan to invest to further improve and grow the park in the coming years. The park is run by a great team with lots of experience and enthusiasm, so we are really looking forward to joining forces and working together to take the park from strength to strength.
He added: “This continues our strategy of acquiring attractive parks which we can grow through investment and physical expansion. I am delighted to see our portfolio expand across the UK with the addition of another development rich opportunity to our business.”
Bridge Leisure already own parks in Cornwall, Scotland, The Peak District and a second Yorkshire based park in Tunstall while in addition provides operational consultancy services to other park operators.