CASE STUDY & PORTFOLIO

Forest Holidays: Partnership expands footprint

Management buyout and continued backing supporting sustainable growth during five-year partnership.

Sector
  • Travel & leisure

Forest Holidays owns and operates secluded eco-cabins and treehouses on ten sites across Britain’s National Forests

Deal type
  • Management buyout
Exit type
  • Private equity sale
Exit date

December 2017

Current
  • Reinvested
Re-investment date

December 2017

Forest Holidays owns and operates secluded eco-cabins and treehouses on sites across Britain’s National Forests, with a focus on sustainability and full integration with the environment.

In September 2012 LDC completed a significant investment to support a management buyout and the roll-out of new Forest Holidays sites. This was followed a year later with follow-on funding to support the management team’s new site expansion in Hampshire. The company grew strongly following the initial investment.

Forest Holidays’ strategy and vision has enabled the Company to grow to 571 cabins in nine stunning locations across the UK. I would like to thank LDC for their faith in investing in the Company in 2012 and for being a very supportive partner over the last five years.”
Bruce McKendrick, CEO
Forest Holidays

Growth recognition

In December 2017 Phoenix Equity Partners acquired a controlling stake in Forest Holidays with the Forestry Commission, LDC, and the management team each retained significant minority stakes.

Awards

Social Responsibility Management Team of the Year

Forest Holidays – Midlands BVCA Management Team Awards