Clifford Chance
Clifford Chance advises PAI Partners on the acquisition of European Camping Group from Carlyle, Montefiore and Ontario Teachers' Pension Plan (OTPP)
6 October 2021
- , , , David Tayar, , Pierre Goyat
- Paris
Clifford Chance advises PAI Partners on the acquisition of European Camping Group from Carlyle, Montefiore and Ontario Teachers' Pension Plan (OTPP)
PAI Partners has completed the acquisition of European Camping Group (ECG), the European leader for mobile home holidays, from Carlyle, Montefiore and Ontario Teachers' Pension Plan (OTPP).
Headquartered in Aix-en-Provence, France, ECG operates a fleet of over 22,000 units (mostly mobile homes) across more than 310 premium campsites located in attractive destinations such as France, Italy, Spain and Croatia, and further leverages four renowned and complementary brands (Homair, Eurocamp, Al Fresco, and Roan).
The transaction will provide a solid foundation for future growth with ECG benefitting from PAI’s support (which has an excellent track record in the sector, most recently through its former investment in Roompot, a leading holiday park operator in the Benelux region), as it seeks to take advantage of a wide range of organic and M&A opportunities.
Clifford Chance advised PAI Partners on this transaction with a team led by Fabrice Cohen (partner), with the assistance of Raphaël Durand (senior associate) and Alexis Mesnildrey (associate) on the corporate and M&A aspects, David Tayar (partner) and Amine Mansour (associate) on the antitrust aspects, and Pierre Goyat (counsel) on the tax aspects.
