Non-public equity giant KKR has arrived at an arrangement to invest in the Dutch holiday corporation Roompot from European personal equity firm PAI Companions, the companies reported in a statement.
Money phrases had been not disclosed, but Reuters, citing a supply common with the transaction, reported Roompot was valued at $1.twelve billion.
The corporation is the 2nd-major operator of holiday parks in Europe. It right owns and operates 33 parks in the Netherlands, Germany, and Belgium and has distinctive agreements with much more than a hundred third-celebration park operators.
PAI reportedly commenced wanting for a customer in October of very last 12 months. In March, it planned to start a official sale system but named that off owing to the pandemic.
“KKR is investing in Roompot by means of our Main Investments tactic, which is our pool of cash for more time-expression investments, and we seem ahead to operating with