Onex closes buy of Britain’s Parkdean Resorts for $1.65 bln
Canadian private equity firm Onex Corp has wrapped up its acquisition of Parkdean Resorts UK Ltd, an owner and operator of caravan holiday parks across England, Scotland and Wales. The deal, announced in December, saw Onex buy the business for about US$1.65 billion (£1.35 billion). Onex Partners IV and co-investors made an equity investment of US$627 million. Parkdean was previously a portfolio investment of Electra Private Equity, a U.K. private equity firm.
6 March 2017•2 mins read
