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Blackstone buys Bourne Leisure

Funds managed by Blackstone have agreed to acquire Bourne Leisure, the parent company of Haven Holidays, Butlin's and Warner Leisure Hotels. The Harris, Cook and Allen families, who founded Bourne Leisure, are co-investing alongside Blackstone Capital Partners and Blackstone Real Estate Partners and will together hold a significant minority stake in the business Blackstone and Bourne Leisure today announce that funds managed by Blackstone Capital Partners (BCP) and Blackstone Real Estate Partners (BREP) have agreed to acquire Bourne Leisure (the Company), a premier UK holiday company. The Harris, Cook and Allen founding families are co-investing alongside BCP and BREP and will together hold a significant minority stake in the business Blackstone has agreed to take over Bourne Leisure Holdings, which runs the Butlin's and Haven holiday parks, in England. The New York-based firm is investing through its Blackstone Capital Partners and Blackstone Real Estate Partners strategies together with the Harris, Cook and Allen founding families, which are co-investing as significant minority shareholders Private equity giant Blackstone has completed the acquisition of Bourne Leisure. The firm confirmed an agreement to acquire the parent company of Butlin's, Haven and Warner Leisure Hotels on February 1, with the Harris, Cook and Allen founding families of the business also co-investing and holding a significant minority stake.. The value of the deal was not disclosed but was previously. Blackstone is in talks to buy Bourne Leisure, which runs the Butlin's and Haven holiday parks, in a deal that could value the business at about £3bn, two people familiar with the matter said

Blackstone Group Inc's credit unit and Starwood Capital Group LLC will provide 1.8 billion pounds ($2.5 billion) in debt financing for the investment firm's acquisition of a British holiday. Starwood Capital Partners With Blackstone on Loan To Buy Bourne Leisure UK-Based Bourne Leisure Is Provider of Caravan Holidays, Holiday Home Ownership. By HNN Newswire. Mar 2, 2021 | 3:08 P.M A US investment firm is set to acquire the parent company of Haven Holidays, Butlin's and Warner Leisure Hotels, it has been announced. American investment company Blackstone has agreed to acquire Bourne Leisure, the parent company of popular holiday park resorts and hotels. The Harris, Cook and Allen families, who founded Bourne Leisure, are. Blackstone Eyes Up Butlins' Owner Bourne Leisure Article by Jamie Adair (1st year LLB student at Warwick University) Blackstone, the world's biggest private equity firm, is in talks to buy a £900 million ($1.2bn) stake in Butlins' owner Bourne Leisure, which would value the company at approximately £3 billion ($4bn)

Blackstone to acquire Butlin's parent company - The Catere

  1. Friday 15 January 2021 5:34 pm. Hi-de-hi, hi-de-buy? Blackstone in for Butlin's owner. James Warrington. Bourne Leisure owns Butlin's resorts as well as dozens of caravan parks across the UK.
  2. g and leisure industries
  3. Bourne Leisure Even Butlins has been caught up in the private equity frenzy, with Blackstone acquiring its owner, Bourne Leisure, earlier this year. Was this helpful
  4. ority holding in the parent company of both the Butlin's and Haven Holidays brands.. Bourne Leisure, the parent company overseeing both the Haven Holidays and Butlin's brands, has sold a meaningful stake of its business to a major Wall Street investment firm
  5. Blackstone in talks to buy Haven Holidays and Butlin's owner. The world's biggest private equity firm is in talks to buy a majority stake in the leisure company behind Butlin's holiday parks.

Blackstone, one of the largest investment firms in the world, is eyeing a £900m ($1.2bn) stake in Butlins' owner Bourne Leisure, valuing the company at around £3bn. The US buyout giant is said. US buyout giant Blackstone is said to be in exclusive talks to invest about £900m in Bourne Leisure, the privately owned company that also owns the Haven holiday chain, Warner Leisure Hotels and. Photo by Jamie Street on Unsplash. US investment giant Blackstone Group has agreed to acquire Bourne Leisure, the largest provider of holidays and holiday home ownership in the UK, for an undisclosed amount. The acquisition will be carried out by funds managed by Blackstone Capital Partners (BCP) and Blackstone Real Estate Partners (BREP) Blackstone is in talks to buy Bourne Leisure, which runs the Butlin's and Haven holiday parks, in a deal that could value the business at about £3bn, two people familiar with the matter said. The deal would see the US private equity giant, which owns Legoland operator Merlin Entertainments, make its latest bet on a UK company in an industry.

Blackstone in talks to buy Butlin's and Haven Holidays' owner Bourne Leisure. Blackstone is probably thinking of what has a chance of a good comeback after the pandemic and Bourne Leisure has always been a company with a strong balance sheet, an insider told the Times Blackstone, one of the largest investment firms in the world, is eyeing a £900m ($1.2bn) stake in Butlins' owner Bourne Leisure, valuing the company at around £3bn. The US buyout giant is said to be in exclusive discussions to invest in the company, which also owns the Haven chain and Warner Leisure Hotels. Bourne Leisure is the biggest. Blackstone is ready to book into Butlin's. The world's biggest private equity firm is in talks to buy a majority stake in the leisure company behind Butlin's holiday parks in a deal that. According to The Times, Blackstone is in talks to buy a majority stake in Bourne Leisure in a deal that would value the business at £3billion and would see the current owners First Ovalap Ltd, jointly owned by the families of founders Harris, Cook and Allen, retain a significant stake

Blackstone to acquire Bourne Leisure Hospitality

Blackstone in talks to buy Butlin's owner Bourne Leisure. Financial Times. Jan. 15, 2021, 02:51 PM. Private equity group makes bets on UK groups in industries hit hard by pandemic Bourne Leisure targeted by Blackstone in potential £900m takeover deal. When the world's biggest investment firm is interested in a sector, the signs are there's some cause for much needed optimism for all links in the supply chain. Especially when staycation predictions are rocketing. Blackstone are courting Bourne Leisure Blackstone in talks to buy Bourne Leisure: A major U.S. private equity company is in talks to buy a £900 million (US$1.2 billion) stake in the company behind Butlin's holiday parks as it looks to cash in on demand for British staycations post-pandemic. The deal, first reported in the Times, would value Bourne Leisure at around £3 billion (US$4 billion) The Financial Times believes private equity giant Blackstone is in talks to buy Bourne Leisure, which runs Butlin's and Haven holiday parks. The deal could be worth around £3 billion, the. Blackstone has completed its acquisition of Bourne Leisure in a deal reportedly worth £3bn. 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 [

Blackstone in talks to buy Butlin's owner Bourne Leisure for £900m. By Jessica Newman Mon 18 January 2021. Blackstone is eyeing a £900m stake in Butlins' owner Bourne Leisure Private equity firm Blackstone announced it is acquiring UK holiday company Bourne Leisure via funds managed by Blackstone Capital Partners and Blackstone Real Estate Partners, while the founding families (Harris, Cook and Allen) will retain a significant minority stake in the business. Rumours of the deal were first mentioned last month Blackstone to acquire Bourne Leisure. Private Equity giant Blackstone and Bourne Leisure announce that funds managed by Blackstone Capital Partners (BCP) and Blackstone Real Estate Partners (BREP) have agreed to acquire Bourne Leisure (the Company), a premier UK holiday company. The Harris, Cook and Allen founding families are.

Blackstone previously invested in Center Parcs and owns Merlin, which has grown to become the world's second largest operator of visitor attractions and theme parks. Bourne Leisure employs more than 16,000 staff, hosts 25,000 holiday-home owners, and attracts 4.5 million guests to 56 sites across the UK a year The Harris, Cook and Allen families, who founded Bourne Leisure, are co-investing alongside Blackstone Capital Partners and Blackstone Real Estate Partners and will together hold a significant. Blackstone have agreed to acquire Bourne Leisure, the parent company of Haven Holidays, Butlin's and Warner Leisure Hotels. The Harris, Cook and Allen families, who founded Bourne Leisure, are co-investing alongside Blackstone Capital Partners and Blackstone Real Estate Partners and will together hold a significant minority stake in the business

Blackstone acquires UK's Bourne Leisure - Private Equity New

Commercial Awareness For Students. 1 hr ·. US private equity firm Blackstone is in advanced talks with Bourne Leisure, the owner of Butlin's holiday resorts, over acquiring a significant holding in the leisure company for roughly £3bn. Blackstone is looking to cash in on higher demand for staycations after the pandemic BOURNE Leisure has been acquired by American company Blackstone. Bourne Leisure operates through its three brands, Haven, Butlin's and Warner Leisure Hotels. Haven is the largest UK caravan operator with 38 holiday parks and 2.5 million visitors a year. Bodelwyddan Castle Hotel is owned by Warner Leisure Hotels Blackstone has agreed to acquire Bourne Leisure, the UK-based holiday resort company that owns Haven, Butlin's and Warner Leisure Hotels., Buyouts, UK / Ireland, Consumer, United Kingdom, Blackstone Group, PwC, Slaughter & May, Kirkland & Ellis -. - Posted on Feb 1, 2021. + Read More Blackstone has completed its acquisition of Bourne Leisure in a deal reportedly worth £3bn. 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 [ Blackstone made a number of investments during the quarter pegged to the return of travel as the pandemic subsides. In January, it announced a deal to acquire U.K. vacation company Bourne Leisure.

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 Starwood Capital will hold £720 m split evenly between two of its investment vehicles, Starwood Real Estate Income Trust, Inc., a non-traded REIT managed by Starwood REIT Advisors, L.L.C., a. Bourne Leisure, a premier holiday group, has been acquired by funds managed by Blackstone Capital Partners and Blackstone Real Estate Partners for an undisclosed sum.. The Haven, Butlin's, and Warner Leisure Hotels operator is co-investing along Blackstone's subsidiaries, with its founding families holding a majority stake in the business Blackstone set for £900m bet on Butlins. US private equity firm Blackstone is closing in on a stake in the owner of Butlin's holiday resorts as it looks to cash in on higher demand for staycations after the pandemic. The investment giant is in advanced talks with Bourne Leisure over acquiring a significant holding in a deal that values the. Blackstone has agreed to acquire Bourne Leisure, the UK-based holiday resort company that owns Haven, Butlin's and Warner Leisure Hotels., Buyouts, UK / Ireland, Consumer, United Kingdom, Blackstone Group, PwC, Slaughter & May, Kirkland & Elli

Starwood Real Estate Income Trust has made its first European investment after its parent group originated a £1.8bn loan for Blackstone's acquisition of UK holiday company Bourne Leisure. Starwood Capital Group was mandated lead arranger for Blackstone Capital Partners and Blackstone Real Estate Partners on the deal, which backs their The two private credit providers will split the financing equally for Blackstone's buyout of Bourne Leisure Holdings Ltd, said the person, who declined to be identified because the details are private. The company owns the iconic British holiday operator Butlins Blackstone has agreed to acquire Bourne Leisure, the parent company of Haven Holidays, Butlin's and Warner Leisure Hotels. Haven owns Hafan y Mor in Pwllheli, Greenacres in Porthmadog, and.

In 2015, Bourne Leisure came fourth in the 100 Best Companies to Work For, a list generated in the UK by The Sunday Times newspaper. In early 2021, Bourne Leisure was purchased by Blackstone. Starwood provided a loan of £1.8 billion to facilitate the purchase. Reference Blackstone Eyes Up Butlins' Owner - 'Bourne Leisure' Article by Jamie Adair (1st year LLB student at Warwick University) Blackstone, the world's biggest private equity firm, is in talks to buy a £900 million ($1.2bn) stake in Butlins' owner Bourne Leisure, which would value the company at approximately £3 billion ($4bn) American private equity firm Blackstone is rumoured to be eyeing UK leisure and holiday company Bourne Leisure. The move would increase the company's presence in the UK leisure sector, as Blackstone already owns part of theme park specialist Merlin Entertainment, which operates Legoland. Bourne Leisure is a privately-owned company whose brands include Butlins, which operates three coastal. Blackstone ( BX -0.8%) is in talks to buy a majority stake in Bourne Leisure in a deal that would value the company that owns Butlin's vacation resorts at ~£3B (US$4B), The Times reports, without. US buyout giant Blackstone is said to be in exclusive talks to buy a majority stake in Bourne Leisure. It is thought to be seeking to invest about £900m in the privately owned company that also owns the Haven holiday chain, Warner Leisure Hotels and dozens of caravan parks. Bourne is Britain's largest leisure firm and employs about 14,000.

Blackstone in talks to buy Butlin's owner Bourne Leisure. 3mos ago Private Equity ft Views: 71. Private equity group makes bets on UK groups in industries hit hard by pandemic -. - Posted on Jan 15, 2021. + Read More US buyout giant Blackstone is said to be in exclusive talks to invest about £900m in Bourne Leisure, the privately owned company that also owns the Haven holiday chain, Warner Leisure Hotels and.

Blackstone bids for Butlins in £3bn deal. Blackstone is in talks to buy a majority stake in Butlins in a deal that will value the business at £3bn. Blackstone is understood to be holding exclusive discussions with Bourne Leisure, which also runs Warner Leisure Hotels and Haven, the holiday operator. The low-profile Cook, Allen and Harris. Private equity group Blackstone is in the talks to take over Butlin's owner Bourne Leisure, The Times has reported.The US-based firm is said to be keen to want to take advantage of the trend in staycations, which is likely in the first instance after the Covid-19 pandemic subsides before international travel resumes

The US buyout giant is said to be in exclusive discussions to invest in the company, which also owns the Haven chain and Warner Leisure Hotels Blackstone, one of the largest investment firms in the world, is eyeing a £900m ($1.2bn) stake in Butlins' owner Bourne Leisure, valuing the company at around £3bn. The US buyout giant is said to be in exclusive discussions to invest in the company, which also owns the Haven chain and Warner Leisure Hotels Blackstone buys UK holiday camp business as it creates or rides a change of fashion george soros reflexivity via a deal with their parent company, Bourne Leisure. The deal values Bourne at £. In January, Butlin's owner Bourne Leisure was bought by the US private equity giant Blackstone in a deal valuing the company at roughly £3bn. Two other UK holiday park operators, Park Holidays.

Bourne Leisure operates three hotel brands, mostly in self-contained entertainment zones — Butlin's, Haven and Warner Leisure — and employs over 16,000 team members, hosts 25,000 holiday. One of the most noteworthy property deals of 2021 so far saw US investor Blackstone buy UK holiday company Bourne Leisure, owner of the iconic Butlin's brand as well as Haven and Warner Leisure Hotels, in January for a reported circa £3 billion (€3.5 billion) Blackstone's distributable earnings, or the amount of cash that could be returned to shareholders, came in at $1.19 billion, or 96 cents a share, in the first quarter. That compares with $557.1. Blackstone (NYSE:BX) credit funds and Starwood arrange £1.8B ($2.5B) debt financing for Blackstone's acquisition of Bourne Leisure, an operator of RV camps and vacation resorts in the U.K.

Starwood Capital Group has originated a £1.8bn term loan as mandate d lead arrangers to Blackstone Capital Partners and Blackstone Real Estate Partners for the acquisition of UK holiday company Bourne Leisure.. Starwood Capital will hold £720m split evenly between two of its investment vehicles, Starwood Real Estate Income Trust, Inc., a non-traded REIT managed by Starwood REIT Advisors, L.L. New York-based Blackstone invested $17.7 billion in the first three months of the year, buying hotels including Extended Stay America Inc., private-jet operator Signature Aviation Plc and U.K. travel company Bourne Leisure Private equity firm Blackstone announced it has acquired Bourne Leisure, the parent company of Haven Holidays, Butlin's and Warner Leisure Hotels in what is rumoured to be a £3 billion deal. The firm and its subsidiaries are co-investing with the founding families of Bourne Leisure, who hold a majority stake in the business Blackstone acquires Bourne Leisure. Blackstone has acquired Bourne Leisure, which operates the popular Warner Leisure Hotels, Butlin's and Haven brands. Bourne employs more than 16,000 staff, hosts 25,000 holiday-home owners, and attracts 4.5 million guests to 56 sites across the UK every year. Haven is the largest caravan operator in the UK.

Blackstone completes Bourne Leisure acquisition Travel

Bourne Leisure acquired by Blackstone Group. Save . Summary. Overview. Acquired Organization: Bourne Leisure Bourne Leisure provides holiday resorts services and products. Acquiring Organization: Blackstone Group Blackstone is an investment and advisory firm providing financial solutions for investors and clients Bourne Leisure employs more than 16,000 team members, hosting 25,000 holiday-home owners, and attracting 4.5 million guests to 56 sites across the UK every year. I. Blackstone's experience in the hospitality, travel and leisure sectors include its prior investment in Center Parcs and current ownership of Merlin American investment company Blackstone has agreed to acquire Bourne Leisure, the parent company of popular holiday park resorts and hotels. The Harris, Cook and Allen families, who founded Bourne Leisure, are co-investing alongside Blackstone Capital Partners and Blackstone Real Estate Partners and will together hold a significant minority. Blackstone made a number of investments during the quarter pegged to the return of travel as the pandemic subsides. In January, it announced a deal to acquire U.K. vacation company Bourne Leisure Holdings Ltd. The following month, it teamed up with Global Infrastructure Partners and the family office of Bill Gates in a $4.7 billion deal for. Shares of Blackstone were recently up 3.9%. The firm made a number of investments during the quarter pegged to the return of travel as the pandemic subsides. In January, it announced a deal to acquire U.K. vacation company Bourne Leisure Holdings Ltd. The following month, it teamed up with Global Infrastructure Partners and the family office o

Simpson Thacher, meanwhile, took a role for Blackstone on its investment into U.K. holiday company Bourne Leisure Holdings, a deal that Mergermarket valued at €3.3 billion BLACKSTONE TO BUY BUTLIN'S OWNER BOURNE LEISURE? Blackstone, one of the largest investment firms in the world, is looking to acquire a £900 million ($1.5 billion) stake in Butlins' owner Bourne Leisure. This values the company at around £3bn. Bourne Leisure is also the owner of the Haven chain and Warner Leisure Hotels Blackstone continued to make big bets in the first quarter, deploying some $5.6 billion through its private equity strategy. In February it acquired private jet company Signature Aviation for $4.7 billion in a deal alongside Bill Gates' family office, and agreed to acquire UK vacation company Bourne Leisure in January. Both were bets on a.

Blackstone in talks to buy Butlin's owner Bourne Leisure

Blackstone, the private equity giant, recently acquired Bourne Leisure, the UK's largest holiday parks provider, whose estate includes Butlins. US based private equity fund KKR purchased Roompot, one of Europe's leading holiday parks providers, in June last year, whilst Away Resorts is now owned by UK based private equity house Bregal. Blackstone continued to make big bets in the first quarter, deploying some $5.6 billion through its private equity strategy. In February it acquired private jet company Signature Aviation for $4.7 billion in a deal alongside Bill Gates' family office, and agreed to acquire UK vacation company Bourne Leisure in January What happened to us is hardly on the same scale as being accused of robbing the Post Office but our experience has echoes and similarities: with big companies like Bourne Leisure and Black Horse being able to mislead and manipulate the County Court system. In our case, for instance, it was falsely claimed that we knew exactly what was included. Bourne Leisure, the owner of Butlin's and Haven, was sold in February to Blackstone, another major buyout firm. Image: CVC is in talks about a takeover of Away Resorts Pic: A

Blackstone, Starwood Said to Lend $2

  1. Blackstone to buy FTSE listed property developer St Modwen for £1.2bn. The deal, first announced last month, will see the private equity giant pay 542p per share for the FTSE 250 developer — a.
  2. Hotels & Leisure Corporate. What does Blackstone's £3bn Bourne deal mean for the UK hotels market? 20 Jan 2021 Latest News Trending Nordics Castellum buys Finnish office specialist Kielo for €640m Residential DWS buys Dutch apartment portfolio for €71m Germany Principal's Paul Muno joins Kingstone's healthcare investment.
  3. Blackstone is banking on the UK making a fast and full recovery from the pandemic and new business opportunities following Brexit. It recently bought Bourne Leisure , a holiday and recreations.
  4. Blackstone Group - search results. If you're not happy with the results, please do another search . Blackstone to Acquire UK Holiday Firm Bourne Leisure. World Business Paul McKinsley-January 30, 2021. US investment giant Blackstone Group has agreed to acquire Bourne Leisure, the largest provider of holidays and holiday home ownership in the UK.
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Blackstone's fee-related earnings climbed 58% year over year, to $740.8 million. The firm had inflows of $31.6 billion during the quarter, bringing total assets under management to $648.8 billion, up from $618.6 billion at the end of 2020 and $538 billion a year earlier. Blackstone has set a goal $1 trillion in assets by 2026 Holiday home cash £19,999, less deposit of £1,995.50, gives a loan amount of £17,995.50. 84 monthly payments of £268.85. Total charge for credit £4,585.25. Total amount payable £24,580.25 which includes the deposit amount. The interest rate is 3.64% fixed / 6.9% APR (representative) * BLACKSTONE IN TALKS TO BUY BUTLIN'S OWNER BOURNE LEISURE-FT Source : https://on.ft.com/3socpjP Blackstone Group Inc. (BX) swung to a record quarterly profit as its focus on rapidly growing companies helped the value of its investments climb more than the broader market.The investment giant posted net income of $1.75 billion, or $2.46 a share, for the first quarter. That compares with a loss of $1.07 billion, or $1.58 a share, in the coronavirus-battered first quarter of 2020

Starwood Capital Partners With Blackstone on Loan To Buy

Haven and Butlin's parent company sold to US investment

  1. The top five tourism & leisure industry cross border deals of Q1 2021 tracked by GlobalData were: 1) The Blackstone Group's $6.2bn private equity deals with Crown Resorts 2) The $1.23bn acquisition of Bourne Leisure by The Blackstone Group 3) Blackstone Group Holdings' $550.2m private equity deal with Kintetsu Group Holding
  2. The investment giant posted net income of $1.75 billion, or $2.46 a share, for the first quarter. That compares with a loss of $1.07 billion, or $1.58 a share, in the coronavirus-battered first quarter of 2020. The value of Blackstone's private-equity portfolio climbed by 15.3% in the latest period, far exceeding the 5.8% gain for the S&P 500
  3. Move also raises concerns that private equity could buy up other UK supermarket groups Last modified on Sun 20 Jun 2021 19.36 EDT An unsolicited £5.5bn private equity bid for Morrisons, swiftly.
  4. Commercial Awareness Update - W/C 25th January 2021 The
  5. Hi-de-hi, hi-de-buy? Blackstone in for Butlin's owner
  6. Press Releases Archive - Blackston

Why cash-rich private equity firms scent bargains in the

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Blackstone puts confidence in UK market with Butlin's

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Blackstone notches record $1

Starwood originates £1