Blackstone is able to ebook into Butlin’s | Enterprise
The world’s largest private equity firm is in talks to buy a majority stake in the leisure company behind the Batlin holiday parks in a deal that will value the company at around 3 3 billion.
Blackstone is considered to be conducting exclusive discussions with Bourne Leisure, which also manages Warner Leisure Hotels and Haven, the holiday company. The low-profile Cook, Allen and Harris families, who own the business, will retain a significant stake after the sale.
Other places of interest for Bourne include Cove Communities, an American holiday park company, and Clayton Dubilier & Rice, a New York-based private equity firm.
Bourne is Britain’s largest leisure business, employing 14,000 people in peak season and attracting more than four