With growth capital and scaleup support from our team, Sheffield-based holiday park business Coppergreen pursued an ambitious acquisitive growth strategy.
Exited
Coppergreen
Leisure & Hospitality
•
Yorkshire & North East
•
Growth
•
2016 - 2021
Coppergreen owns and operates four holiday parks in England and Scotland (Woodland Lakes Lodges, Piperdam Golf and Leisure Resort, Kenwick Park Estate, and Clumber Park Lodges).
5
Years
3
Acquisitions
“After looking at a few funders, we found BGF. They were the best by far, really nice people, and structured a deal that was beneficial to us because they were minority shareholders. That gave us a big incentive to really make the business grow.”
David Copley
Co-Founder & CEO of Coppergreen
Co-Founder & CEO of Coppergreen
Following our initial investment in 2016, Coppergreen was able to acquire and integrate three additional holiday resorts into the group, and significantly expand all of its parks. We also:
- Provided £10 million of follow-on funding, alongside further financing from HSBC
- Introduced the team to its Non-Executive Chair, Steve Brown, the former-Founding Director of Center Parcs UK and Non-Executive Director of Forest Holidays
During our five-year partnership, Coppergreen grew from a single 54-lodge site into a four-park group, with 370 lodges and extensive on-site facilities.
“BGF’s advice and steer helped me achieve things I never thought I could. They supported me in recruitment and managing my team. They were never forceful or dictatorial. They gave me the guidance I needed to get on with it.”
Donna Copley
Co-Founder & CFO of Coppergreen
Co-Founder & CFO of Coppergreen
As a result of significant demand for UK ‘staycations’ after COVID-19, Coppergreen’s management team decided to accelerate their exit plans. And so, in 2021, following a competitive exit process, Coppergreen was acquired by Away Resorts, a private equity-backed holiday park business.
Looking for funding?
We’ve already helped hundreds of ambitious businesses in the UK and Ireland to accelerate their growth. If you’re looking for a minority investment partner that can provide long-term, flexible funding and support, please get in touch with our team today.
