Bridge Leisure Parks Acquires Three Further Holiday Parks
Bridge Leisure Parks has continued its rapid growth by acquiring three new holiday parks for a total investment of £11million.
The three new parks are Ashbourne Heights on the edge of the Peak District in Derbyshire; Hedley Wood near Bude on the Devon and Cornwall border, and Hengar Manor in Bodmin on the North Cornwall coast.
The group now owns and operates eight holiday parks across the UK, at locations in the South West, Yorkshire, Ayrshire and Moray.
Bridge Leisure reported turnover of £21.4m in 2016, up 29% on the previous year, and is continuing to experience strong growth in 2017 with sales of holidays and caravan holiday homes up by 15% so far.
Andrew Howe, CEO of Bridge Leisure said: “These latest acquisitions are important steps in Bridge Leisure’s growth. We have shown with past deals that we can add significant value to new parks by building pitches, investing in infrastructure and improving facilities to enhance the customer experience and create new jobs.
“We believe that those holiday companies offering the highest standards for customers will prosper. Each of our three new parks is superbly well run and among the very best in their local area, so we are incredibly excited about being able to support their ongoing success.
“Our plan is to maintain growth through further developments to our existing parks and by undertaking further acquisitions of holiday parks across the UK.”
Bridge Leisure started life providing management support for holiday parks in 2008 and grew steadily before completing a management buyout, allowing the company to embark on a new range of holiday park acquisitions.
In 2014 the company was named one of the UK’s fastest growing businesses in the annual Sunday Times Virgin Fast Track 100, and in 2017 Bridge Leisure appeared in the Sunday Times list of the top 100 companies to work for.