We supported the funds managed by 123 IM in the acquisition of three campsites in partnership with the Vacances Camping Paradis group, for a total investment of €11 million.
The assets financed, with a total enterprise value of between €15-30 million, are located in the Vendée, Gard and Finistère regions of France. They have a total of 822 pitches and high-quality infrastructure. The campsites will be operated by the Vacances Camping Paradis group.
The acquisition of the campsites was carried out by funds managed by 123 IM alongside the Vacances Camping Paradis group, headed by Olivier Lachenaud. A successful entrepreneur with significant experience in tourism, he founded Campings.com before launching the Camping Paradis franchise in 2019, banking on the success of the eponymous soap opera.
Interventions: Investment documentation – Legal audit – Acquisition documentation
Counsel: Carole HADRYS
Press release: https://www.123-im.com/actualites/communique-de-press-vacances-camping-paradis